Mastercard Launches Touch Card in Canada to Aid Sight Loss Users

In a significant move toward making finance more inclusive, Mastercard Inc MA has rolled out its innovative Touch Card in Canada. This tactile card is specially designed to give the sight loss community a more secure and independent way to make payments. This innovative card, now available through CIBC Adapta Mastercard, uses unique notches — rounded for debit, squared for credit and triangular for prepaid — allowing users to easily identify card types by touch alone, especially at retail counters or ATMs.With eight in 10 Canadians supporting the idea of making financial products more accessible, MA’s initiative is a timely response to growing demand for inclusivity. The card’s tactile system allows users who are blind, deafblind, or have low vision to confidently manage daily financial transactions, which was a challenge with modern flat card designs.The Canadian National Institute for the Blind reports that over 1.5 million Canadians live with sight loss, and accessible financial tools like the Touch Card can greatly enhance their quality of life.This initiative not only enhances Mastercard’s Environmental, Social, Governance profile but also establishes the company as a leader in inclusive fintech design. According to Grand View Research, the global digital payment market size is projected to reach $361.3 billion by 2030. Addressing the needs of underserved communities is both a moral obligation and a smart business move.If these inclusive design features gain widespread adoption, they could set a new standard in card manufacturing, much like the introduction of braille on ATMs.MA’s Price PerformanceOver the past year, MA’s shares have gained 30.3% compared with the industry’s growth of 27%.Image Source: Zacks Investment ResearchMastercard’s Zacks Rank & Key PicksMA currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the business services space are OppFi Inc. OPFI, Green Dot Corporation GDOT and Sezzle Inc. SEZL, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for OppFi’s current-year earnings of $1.23 per share has witnessed two upward revisions in the past 30 days against no movement in the opposite direction. OppFi beat earnings estimates in each of the trailing four quarters, with the average surprise being 59.5%. The consensus estimate for current-year revenues is pegged at $578.4 million, implying 10% year-over-year growth.The Zacks Consensus Estimate for Green Dot’s current-year earnings of $1.22 per share has witnessed two upward revisions in the past 30 days against no movement in the opposite direction. Green Dot beat earnings estimates in two of the trailing four quarters and missed twice, with the average surprise being 5.6%. The consensus estimate for current-year revenues is pegged at $2.1 billion, implying 20.2% year-over-year growth.The Zacks Consensus Estimate for Sezzle’s current-year earnings of $3.24 per share has witnessed two upward revisions in the past 30 days against no movement in the opposite direction. Sezzle beat earnings estimates in each of the trailing four quarters, with the average surprise being 159.9%. The consensus estimate for current-year revenues is pegged at $438.4 million, implying 61.7% year-over-year growth.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA): Free Stock Analysis Report Green Dot Corporation (GDOT): Free Stock Analysis Report OppFi Inc. (OPFI): Free Stock Analysis Report Sezzle Inc. (SEZL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks