An Insight into the US Mobile Payments Market : Powering Billions in Proximity Retail Payments
This market insight presents an overview of the US mobile payments market. With proximity mobile payments ready to go mainstream, billions of retail payments will be supported by mobile payments. Introduction of mobile payment solutions by leading smartphone devices and operating system vendors and availability of compatible retail point-of-sale systems are among the growth drivers for proximity mobile payments. Overall, proximity mobile payments precede mobile wallets replacing leather wallets, with benefits for consumers, retailers, financial institutions, and mobile operators alike. This insight presents key technology trends, such as HCE and tokenization, and forecasts for the US proximity mobile payments market from 2016 to 2020.
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NatWest Group - Enterprise Tech Ecosystem Series Summary NatWest Group (formerly RBS Group) is a provider of personal and commercial banking and other financial solutions through two major subsidiaries: RBS and NatWest.Its Personal Banking segment offers accounts, cards, loans and mortgages, insurance,...
43 pages •
By Euromonitor International
• Feb 2021
Financial cards and payments were significantly impacted by Coronavirus (COVID-19) during 2020. While the pandemic had a negative effect on overall consumer speeding in this year, it also helped to speed up the ongoing move away from cash. Consumers and retailers tried to avoid handling cash for health reasons, boosting card use, and, in particular,...
61 pages •
By Euromonitor International
• Feb 2021
Coronavirus (COVID-19) had a major impact on financial cards and payments in 2020, with a marked slowdown in consumer payment transactions. The pandemic helped to speed up the ongoing move away from cash, with consumers and retailers avoiding handling cash for health reasons. This helped encourage consumers to move in the direction of contactless...
The Digital Payments Market is expected to grow at a CAGR of 13.7% over the forecast period 2021 to 2026. The demand for cashless payments, over cash, is being driven by greater convenience, favorable government policies, and evolving consumer behavior. The governments are also trying to reduce their cost of printing the currencies and counter...
After Pay - Competitor Profile
Afterpay is an Australia-based alternative payment solution that offers a buy now, pay later (BNPL) service, enabling consumers to pay for purchases in installments. Initially an online payment solution, it is now available for in-store purchases at select...
Bambora - Competitor Profile
Founded in 2015, Bambora is a global merchant acquiring solutions provider that enables merchants to accept in-store and online payments in over 100 currencies.For in-store payments, Bambora offers both regular and wireless POS terminals to merchants.
Rabobank - Enterprise Tech Ecosystem Series
Rabobank Group is a global banking and related financial solutions provider.It is also a leading bank for the food, agribusiness, and beverage industries.
It offers a wide range of products and services, including accounts, deposits,...
WePay - Competitor Profile
WePay is a US-based online payment service provider that enables e-commerce platforms, marketplaces, and crowdfunding platforms to accept payments for products and services offered through their websites and mobile apps.
Founded in the US in 2008, it...
Klarna - Competitor Profile
Klarna is a Swedish online payment service provider (PSP).Established in 2005, the company now serves 90 million customers and is accepted by over 200,000 online merchants across 17 countries.
Klarna acquired SOFORT in 2014, turning it into one of the...
Amex Express Checkout - Competitor Profile
Amex Express Checkout is an online payment solution developed by American Express.Launched in 2015, it allows American Express card holders to checkout faster on merchant websites and apps by using stored card details and billing addresses.
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