General Disclaimer: All the articles here are presented with no warranty. The information displayed on investingbytes.com may be different from what you see when you visit a financial institution, service provider, or a specific product’s site. We are not responsible for any errors or other inaccuracies in the content on our website. The information provided on our website is solely for informational and educational purposes, We recommend that you obtain considered and independent advice from a financial professional before you make any financial decisions or implement any financial strategy.
Advertiser Disclosure: Card Listings and other financial products that appear on this site are from financial companies for which investingbytes.com may receive compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. Investingbytes.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.
All about investment in mobile payments solutions
The technology of mobiles and commerce is exponentially growing with each passing day, and the combination of these fields is being highly followed by many companies that are more than willing to invest in its growth. The world is going more and more cashless with each passing day, and now is the perfect time to be betting on the growth of this cashless mobile payment solutions coming up. According to the 2017 World Payments Report by Capgemini SE and BNP Paribas SA, customers are mostly relying on credit cards, debit cards, and details of the card stored in mobile phones. Non-cash transactions have grown by 11% globally from 2014 to 2015, which has been noted to be the highest growth in a decade. Mobile proximity payments, which imply payment through the card details stored on the smartphone, are expected to grow to $53 billion in 2019 from $3 billion in 2013.
This is exactly where private equity’s interest comes in. Given that the customer requirements and evolving technology point to mobile payments solutions, private equity firms taking interest in them are capable of providing strategic assistance and investment to help the growth of these companies.
Mobile payments solutions offer a wide variety of advantages that are immensely attracting the customers toward them, which, in turn, is capturing the attention of investors toward them. This offers the customers a direction away from cash, is giving a higher volume of consumer-not-present transactions, driving the merchants to install multi-channel solutions, thereby forming seamless online check-outs, helping in the development of cross-border commerce, and is disrupting the existing business models that are being replaced by new models inculcating technology.
Private equity investors take interest and focus mostly on the source of the funds that talk about where the consumers and businesses can access the money for paying, the payment methods they utilize, and the acceptance platforms through which the merchant accepts the payments and payment processing, and settlement, which talk about how the payments are affected in this value chain.
A home loan is a sum of money borrowed from any financial institution or a bank to purchase a house....Read more
GEICO is one of the leading vehicle insurance providers in the market and has been providing valuabl...Read more
Top rated RV Insurance Companies An RV is a motorhome that comes with living quarters and this ve...Read more
Medicare Advantage plans, also known as “Medicare Part C” or “MA Plans” are a channel for in...Read more
Subscribe to our newsletter to receive latest updates in the world of finance!