The payments sector posted a decisive week through Thursday's close, with IPAY up 5.77% against SPY's 2.17%, and 43 of 48 watchlist names moving with the index. Processing and infrastructure names led the advance, with several posting double-digit gains, while stablecoin infrastructure was the week's clearest outlier to the downside. Card networks surged broadly, reinforcing the structural weight of scheme-level rails even as alternative payment channels continued to evolve around them.