Ted Bauman is a highly successful Atlanta based investment analyst and serves as a senior editor at Banyan Hill Publishing. At the firm Bauman authors, a couple of newsletter and his writings revolve around asset protection, migration, and privacy issues as well as low-risk investments. Bauman is an economics and history graduate and has previously served in senior positions in several NGOs dealing with housing and has also served as an advisor to governments and the United Nations.
Ted Bauman, in one of his articles, explains to his readers why they should invest their money on PayPal, an online cashless payment company. According to Bauman, the world is evolving, so is the money industry, and the use of cash for transactions is coming to an end. Bauman, in his letter, takes his readers back and asks them to remember the last time they used cash for purchases. The last time the majority of people used cash for transaction maybe months for some and others years ago. According to Ted Bauman, that is a clear indication that in few years to come people will no longer be using cash for transactions but will be using digital currency such as PayPal. Already many companies, even small local business have started accepting PayPal as well as credit cards for Transactions. See more on forexvestor.com
Ted Bauman says that still there are those people who are using cash. However, from research, those people are only using cash for small purchases and plastic cards or digital payments for significant transactions. Statistics from the Federal Reserve supports this fact, and according to them in the years 2016, only 35 percent of all transactions were made using cash the rest were digital payments. Moreover, of the 35 percent cash transactions, the amounts that were involved were less than 25 dollars.
Ted Bauman recommends that his followers invest their money on newer cashless payment systems such as PayPal as opposed to companies such as Discover and Visa. Bauman says credit cards will not remain a lucrative transaction option for a long time as a newer and better cashless mode of payments is invented almost every year. Other than PayPal, there are many different digital payment platforms such as Google Wallet and Apple Pay. However, according to Bauman, PayPal is the best due to its successful track record and adaptability.
Ted Bauman is a highly successful investment author, researcher and analyst. Bauman, who is an economist and historian by profession, has over 25 years worth of experience in financial management as well as housing. Bauman for more than twenty years has worked at the helm of world-renowned humanitarian organizations such as the Slum Dwellers International as well as Habitat for Humanity among others. Ted besides has worked as a consultant for governments as well as the UN. As a consultant, he advised them on immigration issues, finance as well as housing issues, among others. Bauman holds a history and economics degree from the prestigious South African University the University of Cape Town. Bauman currently serves at Banyan Hills as an author of three investment publications. Bauman at Banyan focuses his writings on investment strategies that can help create wealth for average Americans. Read more full interview of Ted Bauman at Inspirery.com
Ted Bauman, in one of his Letters, advises average Americans to take advantage of the shift towards digital payments and invest in PayPal. Bauman, in addition, cautioned his followers from investing in plastic card payment companies such as Discover and Visa. The reason as to why they should not invest in plastic card payment companies is because the future of cashless payment system will migrate to the digital online platform. Numerous newer cashless systems are emerging every year. There are those that have become quite popular among many such as Google Wallet and Apple Pay. According to Ted Bauman, the two cannot survive the test of time, and they should not be fooled by the current market statistics to invest in the companies. One lucrative investment opportunity in the cashless payment system that Ted Bauman recommends his follow to invest in is PayPal. PayPal, according to Bauman, has been tried and tested over time. The firm has been able to overcome many challenges and has been able to emerge victoriously.
PayPal is an online money transfer company that was originally formed to help in making secure global online purchases. The firm by the year 2002 had recorded tremendous growth and had widely been accepted by members of the public. It is in 2002 that the firm went public and was able to generate more than 60 million dollars. Today the firm boasts of having more than 100 million users globally and accepts more than 25 currencies of different countries.