10 Best Digital Currency and Payments Stocks To Invest In

5. Global Payments Inc. (NYSE:GPN)

Number of Hedge Fund Holders: 66

Global Payments Inc. (NYSE:GPN) is a leading American financial technology company that provides payment solutions to merchants, issuers, and consumers worldwide. The company specializes in point-of-sale technology, software solutions, and processing payments through various channels, including credit and debit cards, as well as digital and contactless payments.

At its 2024 Investor Conference in September, Global Payments Inc. (NYSE:GPN) outlined its strategic focus on becoming the preferred partner for commerce solutions globally. The company aims to unify its Merchant Solutions under the Genius brand and expand these offerings internationally. This strategy targets small and medium-sized businesses (SMBs), providing them with comprehensive software and commerce enablement tools to help them grow. Additionally, Global Payments Inc. (NYSE:GPN) is enhancing its Issuer Solutions through cloud modernization and cross-selling initiatives. The company anticipates that operational transformations will unlock more than $500 million in adjusted run-rate operating income benefits by the first half of 2027. This focus on efficiency and innovation positions Global Payments Inc. (NYSE:GPN) for sustainable growth.

The company has entered into a definitive agreement to sell AdvancedMD, highlighting its commitment to optimizing its portfolio. Additionally, during the third quarter, Global Payments Inc. (NYSE:GPN) launched its point-of-sale (POS) solutions in Germany. The company aims to expand its point-of-sale (POS) solutions into new markets outside of the US, including key additional international markets like Mexico, Ireland, Poland, Austria, and Romania. Given its strategic initiatives and focus on innovation, Global Payments Inc. (NYSE:GPN) represents a compelling investment opportunity in the digital payments space.