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The evolution of mobile payment methods
Much has changed and transformed in the past 10 years. With this technological transformation, a huge revolution took place in the mobile payment sector. From paying a water bill to paying for large home appliances, mobile payments have made our lives very convenient. It all started with the rise of NFC (near-field communication) and the success of M-Pesa in Africa and Asia.
However, this is just a beginning as many other new technologies have jumped into the mobile payment sector. This all could not have happened if there wasn’t any spread of smartphones and the evolution of the Internet.
Ample of things have changed, and a myriad of technologies took birth in these 10 years due to the invention of mobile payments. One can even do an investment in mobile payments solutions to enjoy long-term benefits.
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