Fly News Breaks for March 3, 2015
VNTV, PAY
Mar 3, 2015 | 08:37 EDT
Pacific Crest believes that the launch of Samsung's mobile payment system, which uses NFC technology, will benefit VeriFone (PAY) because the system could cause the utilization of NFC to accelerate. The firm says that merchants' need to deal with many different mobile and online payment schemes could boost the market share of Vantiv (VNTV) and increase the prices it charges, as it thinks the company has a best-in-class security and e-commerce portfolio.
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