PayPal – The Success Story of the Biggest Online Payment System in the World
Courtesy of Play-N-Pay
Read more from our PayX analysts from Day 2 of Innovation Project 2016 Fireside chat with Charlie Scharf – CEO – Visa • The kinds of services they’ve delivered for many years to Issuers, they now need to direct their attention to merchants and do a better job by working with these one by…
DAY 1 kicked off yesterday in the grand surroundings of Harvard University, USA. Our PayX analysts are there alongside some of the most meaningful minds, emerging disruptors and entrepreneurial visionaries in the worlds of payments and commerce. Here are some of their highlights and observations from Day 1. IoT panel discussion • With the proliferation of…
Over the last 4 years we have seen the payments industry in “disruptive change”. Well established organisations have all been challenged by alternative players and all are moving through change cycle stages with varying degrees of speed and success. What appears to be most interesting now is that several of the established players are reaching…
The Payments marketplace continues to consolidate with acquisitions and strategic partnerships, and at the same time attract masses of new innovative players with the next “silver bullet” solutions/models. With low Interest Rates around the world making money cheap, so rising investments are plentiful. This month’s acquisitions include the acquisition of Distra by ACI and the…
We’ve talked about mobile commerce and how new ways to pay would have an effect on cards, but maybe the biggest shift we will see in the near term is mobile phones taking on the role of the payment terminal. Following the success of Square in the US (processing $5bn p.a.) and iZettle in Europe…
There has been a considerable acceleration of change within the mobile market space where both the NFC enabled players (Google Wallet) and non NFC Players (PayPal / Square / I Zettle) continue to create the new flight path whilst the schemes, banks and processors play catch up. Banks are only now beginning to publish their…
Mobile Banking/Payments stories are the core of the industry news this month, which perhaps is a good omen for 2011’s activities. Mobile Banking/Payments in our opinion has now gone from the Innovation Stage through to Established, meaning that it will continue to grow and remain, and one day it will become Mainstream within the payments…