Payment alternatives are expanding each day with the introduction of new payment options every single day. Ted Bauman is certain that the trend is unstoppable. According to Bauman, the position of cash payment is continually shrinking. He observes such as card payments, and some new introduction to this niche such as Apple Pay. The advantage of this payment options according to Ted Bauman are numerous and they challenge the future of hard cash. He, however, points out that each payment option has both their advantages as well as their disadvantages. Through his business newsletter, he, however, believes that no other payment option will have an impact on the future of cashless payments like PayPal.
The scope of PayPal according to Ted Bauman is one of the reasons why the payment option is unmatched. First, Bauman points to the fact that the platform I the pioneer of the cashless payment outside the typical Visa and MasterCard. Since the company has been in business for long enough, then it is more developed than other payment options. Ted Bauman points out that this payment option also sets a fair transactional ground whereby each side of each transaction is safe. The protection forms the basis of each transaction, whether when using mainstream payment options or PayPal. In addition, Bauman adds that as a payment option, PayPal is currently one of the most accepted forms of payment in major e-commerce platforms such as eBay.
In order to benefit from the potential of this company, Bauman not only advise people to start using it but also to buy shares. It is interesting to note that the company’s share in this year alone has improved by a margin of 20%, which according to Bauman is exceptionally great. However, Ted Bauman advises any person planning to make an investment to first check on other factors apart from the share previous performance and the future of the company.Ted Bauman analysis on the future of PayPal is part of his continuous predictions through his newsletter. He has been part of Banyan Hill Publishing for the last five years now. Through this platform, he continues to educate his readers on various ways of making smart investment choices.