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Square (SQ) Introduces Early Access Programme in France
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Square (SQ - Free Report) has rolled out the Early Access Programme in France in a bid to expand its reach to French sellers.
Under the program, the company strives to offer access to its integrated product portfolio to businesses, especially small and medium enterprises,in France.
Merchants, who will enroll in the program, are not required to make any long-term contract or pay start-up fees for availing Square products. Further, they will be eligible for Square hardware.
With the underlined program, Square will aid businesses in saving time and costs,which, in turn, will help them grow both in-person and online.
Strong Seller Ecosystem: A Key Catalyst
We note that the latest move is likely to strengthen the seller ecosystem, which remains crucial.
Square’s friendly ecosystem plays a significant role in attracting sellers or merchants to its platform. The company defines larger sellers as those whomake more than $125,000 of annualized GPV and midmarket sellers as those whomake more than $500,000 of annualized revenues.
Notably, the ecosystem enables sellers to combine software, hardware and payment services in order to accept payment from customers through its wide range of online payment products.
Strong seller ecosystem contributes well to the company’s Gross Payment Volume (“GPV”), which remains the key growth metric.
We believe that Square is likely to gain strong traction on the back of its latest move.
Further, the move bodes well for the company’s strengthening endeavors to expand its presence in the global digital payment solutions space on the back of its expanding product and service offerings, which have been playing a significant role in shaping its growth trajectory.
Apart from the latest move, the company recently rolled out the Early Access Programme in Ireland.
Further, itsrobust products, such as Square Online Store, Invoices, Virtual Terminal, Cash App and eCommerce API are continuously driving GPV growth.
Notably, expanding the portfolio will continue to drive the company’s momentum across the seller ecosystem.
Zacks Rank & Stocks to Consider
Currently, Square carries a Zacks Ranks #3 (Hold).
Long-term earnings growth rates for Semtech, Applied Materials and Microchip are currently projected at 12.5%, 17.97 and 15.3%, respectively.
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Square (SQ) Introduces Early Access Programme in France
Square (SQ - Free Report) has rolled out the Early Access Programme in France in a bid to expand its reach to French sellers.
Under the program, the company strives to offer access to its integrated product portfolio to businesses, especially small and medium enterprises,in France.
Merchants, who will enroll in the program, are not required to make any long-term contract or pay start-up fees for availing Square products. Further, they will be eligible for Square hardware.
With the underlined program, Square will aid businesses in saving time and costs,which, in turn, will help them grow both in-person and online.
Strong Seller Ecosystem: A Key Catalyst
We note that the latest move is likely to strengthen the seller ecosystem, which remains crucial.
Square’s friendly ecosystem plays a significant role in attracting sellers or merchants to its platform. The company defines larger sellers as those whomake more than $125,000 of annualized GPV and midmarket sellers as those whomake more than $500,000 of annualized revenues.
Notably, the ecosystem enables sellers to combine software, hardware and payment services in order to accept payment from customers through its wide range of online payment products.
Strong seller ecosystem contributes well to the company’s Gross Payment Volume (“GPV”), which remains the key growth metric.
Square, Inc. Price and Consensus
Square, Inc. price-consensus-chart | Square, Inc. Quote
Wrapping Up
We believe that Square is likely to gain strong traction on the back of its latest move.
Further, the move bodes well for the company’s strengthening endeavors to expand its presence in the global digital payment solutions space on the back of its expanding product and service offerings, which have been playing a significant role in shaping its growth trajectory.
Apart from the latest move, the company recently rolled out the Early Access Programme in Ireland.
Further, itsrobust products, such as Square Online Store, Invoices, Virtual Terminal, Cash App and eCommerce API are continuously driving GPV growth.
Notably, expanding the portfolio will continue to drive the company’s momentum across the seller ecosystem.
Zacks Rank & Stocks to Consider
Currently, Square carries a Zacks Ranks #3 (Hold).
Some other top-ranked stocks in the broader technology sector include Semtech Corporation (SMTC - Free Report) , Applied Materials (AMAT - Free Report) and Microchip Technology Incorporated (MCHP - Free Report) . You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Long-term earnings growth rates for Semtech, Applied Materials and Microchip are currently projected at 12.5%, 17.97 and 15.3%, respectively.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How to Profit from Trillions on Spending for Infrastructure >>