PAGS Bullish Bounce and Room to Run Higher

The company released early Q3 results, with total Q3 payment volume expected to jump 44.8% to R29.4B and net income surging 42.5%-46.8% to R330M - R340M.

Active merchants are expected to be slightly over 5M, compared to 3.8M last year, with slightly over 300,000 new active merchants added in the quarter.
Trend Analysis

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