“Sahel
Rafael Tamayo believes that Square will become the pivot point of
bringing the United States into cashless society status. The current
financial trends support this fact strongly.”
Square, Inc. (NYSE:SQ) faced some serious condition in the past year which causes their stocks
falls significantly. Early this month, this company also has to deal
with the lawsuit because of the mistake or more to an error that let the
personal information from their product user spread out. Many people
see it as the start of the Square, Inc. fall. However, the cuban american entrepreneur, Sahel Rafael Tamayo, said differently about this company.
According to his perspective regarding Square, this
company has a promising future. Even though they are still struggling to
reach the main goal of their stock market after the fell, but their
product and service will become the most important elements for the
future financial world. Sahel said that the service and product that square provide until now can lead the financial world into a new and innovative way of the payment system.
Square, Inc. itself is well-known for its mobile
payment system called Cash App. This application is so popular and even
beat the popularity of other mobile payment systems from big players,
such as Venmo from PayPal. This is also the reference and base that
Sahel uses to see the future of Square. He even said that this company
will become an important figure that can change the United States
financial environment into a state that is called cashless society.
As an experienced entrepreneur that also run a successful credit service at Creditmergency.com,
he has the knowledge that can show the potency of this company to make a
big impact in the financial world. Therefore, with Square’s stocks
condition that is still very difficult to bounce back today, he sees it
that many people still undervalued this company capability in changing
the financial world in the future.
With today’s trend that tends to move to the digital
currency and payment, Square’s product can become a big part of this new
trend. Moreover, other countries have applied this system in their
payment system. For example, China shows its transaction value using
mobile payment is around $15 trillion, or 40 times than the U.S. mobile
payment system transaction value. So, the world will go there
eventually, and Square, as Sahel said, will become an important player
in it.
About Sahel Rafael Tamayo
Sahel Rafael Tamayo is a Cuban American entrepreneur and investor that run Creditmergency.com.
He also experienced in this field and successfully bring his business
to be one of the leading companies in the credit service industry.
For Media Inquiries
Joe Vargas
433 Plaza Real, Suite 275
Boca Raton, Fl 33432
Phone: 800-203-4172
Website: SahelTamayo.com
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