4 Business Models of P2P Mobile Payments and Success Factors

By datasciencecentral - 2021-03-18

Description

The increasing penetration of smartphones across the world, combined with the high-speed & reliable internet connectivity that is now available,…

Summary

  • The increasing penetration of smartphones across the world, combined with the high-speed & reliable internet connectivity that is now available, has made it possible for financial service providers to enable payments via mobile devices.
  • For instance, in the United Kingdom, NFC technology is used to enable contactless payments at bus and tube stations.
  • Indeed, the cashless society is a nearby reality, and the usage of e-wallets and peer-to-peer mobile payment apps will continue to rise.
  • PayPal and Alipay The pioneer and #1 - PayPal Elon Musk was very quick to anticipate and respond to the potential of money transfer through the internet.

 

Topics

  1. Management (0.1)
  2. Stock (0.09)
  3. Frontend (0.08)

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