CNBC personality Jim Cramer says PayPal is without a doubt the worldwide leader in payments; the comments come after the merger announcement from Global Payments and Total System Services; “Every time you see competitors teaming up to try to take share from PayPal, it just reminds people how these guys are already the undisputed worldwide leader in payments, which is what makes this such a fabulous fintech stock,” the Mad Money host explained; investors has speculated that the new merger could eat into market share of PayPal and Square. Source.
