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Business Wire
16-07-2025
- Business
- Business Wire
Paymentus to Report Second Quarter 2025 Earnings Results and Host Webcast on August 4, 2025
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. ('Paymentus') (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its second quarter 2025 financial results after the market close on Monday, August 4, 2025. The Company will discuss the results in a live webcast at 5 p.m. Eastern Time on August 4, 2025. A replay of the webcast will be available for one year following its conclusion and accessible on the Paymentus website. About Paymentus Paymentus is a leading provider of cloud-based bill payment technology and solutions for more than 2,500 billers and financial institutions across North America. Our omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type. Paymentus' proprietary Instant Payment Network TM, or IPN, extends our reach by connecting our IPN partners' platforms and tens of thousands of billers to our integrated billing, payment, and reconciliation capabilities. For more information, please visit CATEGORY: EARNINGS NEWS
Yahoo
16-07-2025
- Business
- Yahoo
Paymentus (PAY) Surges 5.8%: Is This an Indication of Further Gains?
Paymentus (PAY) shares ended the last trading session 5.8% higher at $30.05. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 13.1% loss over the past four weeks. Paymentus stock witnessed a price rise following a rating upgrade from Market Perform to Outperform by Raymond James, along with assigning a price target of $37.00. Besides, the company possesses strong competitive advantages rooted in its scalable, cloud-native platform that support omnichannel, real-time bill payments. Paymentus' extensive integration with billing and ERP systems, combined with its proprietary Instant Payment Network (IPN), connects thousands of billers and partners like PayPal and Walmart, expanding reach and driving network effects. Its AI-powered features enable smart engagement, while flexible APIs, secure infrastructure and rapid deployment through a single code base deliver efficiency, innovation, and reliability, positioning Paymentus as a leader in modern bill payment solutions. This electronic bill payment services is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents a year-over-year change of +16.7%. Revenues are expected to be $257.95 million, up 30.7% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Paymentus, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PAY going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Paymentus belongs to the Zacks Financial Transaction Services industry. Another stock from the same industry, MasterCard (MA), closed the last trading session 0.5% higher at $553.02. Over the past month, MA has returned -2.1%. For MasterCard, the consensus EPS estimate for the upcoming report has changed +0.2% over the past month to $4.05. This represents a change of +12.8% from what the company reported a year ago. MasterCard currently has a Zacks Rank of #2 (Buy). Want 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 Paymentus Holdings, Inc. (PAY) : Free Stock Analysis Report Mastercard Incorporated (MA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Al-Ahram Weekly
25-03-2025
- Business
- Al-Ahram Weekly
InstaPay to apply charges starting 1 April - Economy
The Instant Payment Network (IPN) announced Tuesday a new update to its fee structure, including charges for services provided through its "InstaPay" app, starting 1 April. Under the new structure, transfer fees via InstaPay will be set at 0.1 percent of the transaction value, with a minimum charge of 50 piasters and a maximum of EGP 20 per transaction. Additionally, customers will be able to perform up to 10 free balance inquiries or mini-statements per month, following which a fee of 50 piasters per inquiry will apply. Since its launch in April 2022, the Central Bank of Egypt's national IPN has become a key component of the country's payment systems infrastructure. IPN offers a convenient and efficient alternative to cash payments, providing 24/7 instant transfer services to all bank customers. In 2024, the volume of transactions processed through IPN grew significantly, reaching nearly 1.5 billion transactions valued at approximately EGP 2.9 trillion. By the end of 2024, InstaPay app users had reached 12 million. According to the Ministry of Communications and Information Technology, Egypt's active mobile subscriptions reached 84.2 million in 2024, up from 83.8 million in 2023. Follow us on: Facebook Instagram Whatsapp Short link:
