Mobile payments in India

Asian Fintech 21st Financial Technology Introduces The First iPhone Subscription Program in Taiwan with Local E-Commerce Giant PChome Group

Retrieved on: 
Wednesday, September 28, 2022
IPhone, Program, Attention, Mobile payments in India, CEO, Solution, SEA, GPV, Financial technology, Color, Mobile phone, Online shopping

TAIPEI, Sept. 28, 2022 /PRNewswire/ -- 21st Financial TechnologyCo., Ltd.("21st Fintech"), afast-growing Asian fintech company with a gross payment volume of over US$3 billion, launched Taiwan's first and most flexible "12-month iPhone Subscription Program" on the 9thofSeptember.

Key Points: 
  • TAIPEI, Sept. 28, 2022 /PRNewswire/ -- 21st Financial TechnologyCo., Ltd.("21st Fintech"), afast-growing Asian fintech company with a gross payment volume of over US$3 billion, launched Taiwan's first and most flexible "12-month iPhone Subscription Program" on the 9thofSeptember.
  • Headquartered in Taiwan, 21st Fintech provides comprehensive payment solutions with integrated fraud management and credit solutions to both merchants and users.
  • Coupled with the company's strong credit scoring and management capabilities, 21st Fintech is one of the few Asian Fintech players that demonstrates a solid growth with profitability.
  • 21st Financial Technology ("21st Fintech") is a trustworthy and reliable Fintech platform based in Taiwan that has expandedto SEA and Japan.

Diving into Digital from Practice, Huawei Releases 11 Scenario-based Solutions

Retrieved on: 
Friday, September 24, 2021
CONNECT, Tao, Zero, Mobile payment, Efficiency, Metaverse, Public sector, Intelligence, Solution, Diving, HUAWEI, Transport, ICT, AI, Board, Decision-making, Digital China, Knowledge, CIO, Bell–LaPadula model, Virtual assistant, Partner, Mobile payments in India, Organization, Ecosystem, City, Digital, Industry, Comprehensive, Travel, Mobile phone, Renewable energy

During the event, Huawei released 11 innovative scenario-based solutions for customers in the public services, transportation, finance, energy, and manufacturing sectors.

Key Points: 
  • During the event, Huawei released 11 innovative scenario-based solutions for customers in the public services, transportation, finance, energy, and manufacturing sectors.
  • Diving into digital focus on scenarios, models, and partners
    Diving into the digital world is an iterative process.
  • As digital transformation has become an industry consensus, the focus has been shifted from whether or not to go digital to how to go digital.
  • Since 2016, Huawei has been promoting an all-round strategy of digital transformation, by injecting digitalization into Huawei itself.

$55.9 Billion Worldwide Mobile Payment Industry to 2027 - Mobile Apps Segment to Record 39.4% CAGR - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 19, 2021
Technology, Mobile, Wireless, Professional Services, Finance, Payment, CAGR, Growth, SMS, Google Chrome App, Mobile payments in India, Mobile payment, COVID-19, Pet, Video game

Amid the COVID-19 crisis, the global market for Mobile Payment (Mobile Money) estimated at US$55.9 Billion in the year 2020, is projected to reach a revised size of US$515.6 Billion by 2027, growing at a CAGR of 37.3% over the analysis period 2020-2027.

Key Points: 
  • Amid the COVID-19 crisis, the global market for Mobile Payment (Mobile Money) estimated at US$55.9 Billion in the year 2020, is projected to reach a revised size of US$515.6 Billion by 2027, growing at a CAGR of 37.3% over the analysis period 2020-2027.
  • NFC/Smartcard, one of the segments analyzed in the report, is projected to record a 31.4% CAGR and reach US$53 Billion by the end of the analysis period.
  • In the global Mobile Apps segment, USA, Canada, Japan, China and Europe will drive the 39.4% CAGR estimated for this segment.
  • Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$61.6 Billion by the year 2027.

Payment Gateway Market Size, Share & Trends Analysis Report 2021-2028 with COVID-19 Impact Analysis - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 28, 2021
Software, Technology, Professional services, Finance, Merchant services, Online payments, Payment systems, E-commerce, Electronic funds transfer, Financial services, BFSI, Payment gateway, Payment, Mobile payments in India

The "Payment Gateway Market Size, Share & Trends Analysis Report by Type (Hosted, Non-hosted), by Enterprise Size, by End Use (BFSI, Retail & E-commerce), by Region and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Payment Gateway Market Size, Share & Trends Analysis Report by Type (Hosted, Non-hosted), by Enterprise Size, by End Use (BFSI, Retail & E-commerce), by Region and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global payment gateway market size is expected to reach USD 87.44 billion by 2028, registering a CAGR of 21.7% from 2021 to 2028.
  • The market growth can be attributed to the increasing use of payment gateway methods for online shopping across the globe.
  • Fintech company stocks have garnered significant attention as the digital payment platforms impact payment networks, e-commerce, business-to-business payments and others.

India Payments Market Report 2021-2027: Digitization in Payments has Gained Significant Momentum - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 29, 2021
Professional services, Finance, Mobile payments in India, E-commerce in India, Bangalore, Economy of India, Banking in India, Online payments, Financial services, Service industries, Electronic funds transfer

Further digitization in payments has gained significant momentum and has huge potential to this market.

Key Points: 
  • Further digitization in payments has gained significant momentum and has huge potential to this market.
  • India payment market is growing year on year and the continued dependency on money keep the few challenges profoundly rooted in the digital payments ecosystem in India.
  • In India metro cities like Delhi, Mumbai, and Bengaluru have more options and facilities to do payments as compared to small cities and countryside's.
  • This is one of the major hurdles which are affecting the growth of India digital payment industry.

Affle Global wins legal battles as PhonePe fails to acquire 92% of OSlabs Pte. Ltd.

Retrieved on: 
Monday, June 28, 2021
Payment systems, Companies based in Bangalore, Mobile payments in India, E-commerce in India, Electronic funds transfer, PhonePe, Money, Service industries

20% equity ownership to PhonePe until the Right Of First Refusal ("ROFR") is duly offered to the existing shareholders of OSLabs.

Key Points: 
  • 20% equity ownership to PhonePe until the Right Of First Refusal ("ROFR") is duly offered to the existing shareholders of OSLabs.
  • Despite this win, AGPLdid not go to the media with any statement on OSLabs or PhonePe.
  • These rights are being denied unfairly by OSLabs founders and 3 PhonePe employees acting as board members of OSlabs.
  • On June 18, 2021, due justice was delivered to AGPL and PhonePe was defeated in the legal battles as per the orders made.

Global Mobile Payment Market Size Projected To Reach $12.06 Trillion by 2027

Retrieved on: 
Tuesday, May 25, 2021
Technology, Science and technology, Information appliances, Financial technology, Mobile payment, Smartphone, Computing, Mobile payments in India

The Allied Market Research report added: "The mobile web payments segment is expected to garner a significant share during the forecast period.

Key Points: 
  • The Allied Market Research report added: "The mobile web payments segment is expected to garner a significant share during the forecast period.
  • Mobile web payments mode of payment is the most popular and preferred method of making mobile payment as users only need a smartphone which drives the growth of the market in this segment.
  • In addition, upsurge in adoption of mobile payment services in emerging countries fuels the growth of the market.
  • Furthermore, rising data breaches and security issues in Mobile Payment hampers the growth of the market.

Lynx Global Integrates Its Philippines, Singapore and Australia Operations into a Unified Payment Platform

Retrieved on: 
Tuesday, May 25, 2021
Payment systems, Online payments, Money, Finance, Digital wallet, Mobile payments in India, Credit cards, Verifone

The DA5 digital wallet and mobile app will now be integrated into the product offerings of Arkin and Payright.

Key Points: 
  • The DA5 digital wallet and mobile app will now be integrated into the product offerings of Arkin and Payright.
  • Ltd. ("Right Choice"), Payright's licensed Major Payment Institution partner in Singapore, which will further connect all of Lynx's operations into a single payment platform.
  • ABOUT LYNX GLOBAL DIGITAL FINANCE:
    Lynx seeks to become a leader in financial technology, solutions, and services for large-scale merchants, financial institutions and other B2B industry partners by way of integration to the Lynx digital payment platform.
  • The Company's payment solutions are powered by a broad suite of payment technologies and services.

Celsius Wins "Best Cryptocurrency Wallet" in 2021 FinTech Breakthrough Awards Program

Retrieved on: 
Monday, April 5, 2021
Articles, Finance, Money, Financial technology, Regulatory technology, Mobile payments in India, Fintech awards, Draft:Betsy Cohen

LONDON, April 5, 2021 /PRNewswire/ -- Celsius , the industry-leading cryptocurrency rewards-earning platform, today announced that it has been selected as winner of the "Best Cryptocurrency Wallet" award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • LONDON, April 5, 2021 /PRNewswire/ -- Celsius , the industry-leading cryptocurrency rewards-earning platform, today announced that it has been selected as winner of the "Best Cryptocurrency Wallet" award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
  • "Celsius has a worthy mission in providing people with better opportunities to gain financial freedom," said James Johnson, Managing Director, FinTech Breakthrough.
  • The 2021 FinTech Breakthrough Award program attracted more than 3,850 nominations from across the globe.
  • The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more.

Introducing Onbe, a Payments Powerhouse Built From Two Fintech Leaders

Retrieved on: 
Wednesday, March 31, 2021
Software, Finance, Banking, Data management, Professional services, Technology, Online Retail, Retail, Mobile payments in India, Online payments

daVinci Payments and North Lane Technologies announced today that they have become a single, unified payments brand: Onbe .

Key Points: 
  • daVinci Payments and North Lane Technologies announced today that they have become a single, unified payments brand: Onbe .
  • With the combined strengths of the legacy companies and a majority equity investment by Centerbridge Partners, Onbe is well-positioned to meet the accelerating demand for digital payments and shape the payments industry's future.
  • By combining both daVinci and North Lanes unmatched teams of payments experts, Onbe is positioned to elevate its industry leadership and capture the massive global opportunity in digital payments.
  • As more businesses seek to engage their audiences and augment legacy payment methods, Onbe is capitalizing on the tremendous advancements in digital payments.