- The advantage of having your own payments platform is that it can be leveraged, and this is what the company is doing.
- It started in one vertical, plasma with fairly simple cards, and it’s still growing fast here, but now is successfully moving to other verticals.
- The company enjoys 50%+ growth with 50% gross margins, it’s profitable and cash generating.
- The shares have been on a terrific rally already and are fairly fully valued, the company can’t afford to let up.
Source: PaySign’s Rampant Growth Is Set To Continue – PaySign, Inc. (NASDAQ:PAYS) | Seeking Alpha