In which we take a look at payment logistics firms the open secret of the success of mobile apps and services, and why they are here to stay.
![Paving the Way for a Mobile Cashless Future](https://magarticles.magzter.com/articles/806/201746/586b9d7f5fe04/Paving-the-Way-for-a-Mobile-Cashless-Future.jpg)
If we look back in time, the option to pay online goes as far back as 1999 – when Paypal was born – and the first instance of mobile data and the modern smartphone was in 2007. So why is mobile cashless payment only taking off in recent years?
The magic lies in payment logistics, a backend that helps us see only the final bill. The rise of mobile payment interfaces like Grab’s in-app credit card support, alongside the likes of Apple Pay, made cashless payment more accessible than before. Payment logistics players, such as Stripe, Adyen, Braintree, and CyberSource, have been steadily growing. The worth of these firms multiplies too, because of the invaluable service they provide to your favorite brands.
With more folks coming in to help apps and brands better manage their electronic tills in a secure manner, this gives confidence to aspiring entrepreneurs to venture into the high-tech service industry.It’s a load off their minds when you don’t have to chase every digital dollar down, paving a future where mobile cashless payments are here to stay for good.
ISN’T MOBILE CASHLESS PAYMENT IDENTICAL TO CARDSWIPING?
If that’s how you perceive mobile cashless transactions as, then these companies have succeeded in their work.
Everyone has different payment preferences and loyalties when we use cashless methods at a physical store. Take for example; eating at a fast food joint – barring cash, it’s usually a swipe of a card or a tap on your new mobile payment setup. The problem begins when we want easy online transactions in a sea of payment methods. Besides having to tie-up with various card merchants, and vendors, security measures like two-factor authentication and fingerprint verification come into play, making the support for mobile online payments more complex behind the scenes.
Diese Geschichte stammt aus der January 2017-Ausgabe von HWM Singapore.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 2017-Ausgabe von HWM Singapore.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
![A For Affordable AI](https://reseuro.magzter.com/100x125/articles/806/1751300/9L_QN62221720077832829/crp_A-FOR-AFFORDABLE-AI.jpg)
A For Affordable AI
The Google Pixel 8a has arrived, offering many features from its flagship siblings at a more affordable price. It maintains a sleek, compact design, making it easy to handle with one hand.
![Mercedes Benz EQS SUV](https://reseuro.magzter.com/100x125/articles/806/1751300/AH-1FzGiS1720078791367/crp_MERCEDESBENZ-EQS-SUV.jpg)
Mercedes Benz EQS SUV
Mercedes-Benz's adoption of electricity has been impressively rapid.
![5 Steps To Secure Your Home With A Mesh Network](https://reseuro.magzter.com/100x125/articles/806/1751300/7bBKKN4Hn1720080270483/crp_5-STEPS-TO-SECURE-YOUR-HOME-WITH-A-MESH-NETWORK.jpg)
5 Steps To Secure Your Home With A Mesh Network
Firewalls filter data in network traffic to protect the network from a wide variety of malicious attacks and malware.
![The Best Hair Straightener](https://reseuro.magzter.com/100x125/articles/806/1751300/KMEptVlyx1720079860377/THE-BEST-HAIR-STRAIGHTENER.jpg)
The Best Hair Straightener
When I first saw the Dyson Airstrait straightener, my immediate feelings were one of cautious optimism.
![How local developer Chinykian became the first Singaporean to have an App Store Great on Apple Arcade](https://reseuro.magzter.com/100x125/articles/806/1751300/A3Pnsq7xj1720079080244/HOW-LOCAL-DEVELOPER-CHINYKIAN-BECAME-THE-FIRST-SINGAPOREAN-TO-HAVE-AN-APP-STORE-GREAT-ON-APPLE-ARCADE.jpg)
How local developer Chinykian became the first Singaporean to have an App Store Great on Apple Arcade
Yong Kian Chin aka Chinykian is a lecturer by day and an indie game developer by night.
![Good For Nothing](https://reseuro.magzter.com/100x125/articles/806/1751300/7cx17Pibk1720077371603/GOOD-FOR-NOTHING.jpg)
Good For Nothing
After a rocky start with the Nothing Phone (1), the company turned things around by releasing the incredible Nothing Phone (2).
![Astoundingly Beautiful And Fun](https://reseuro.magzter.com/100x125/articles/806/1685823/fyhbyg6kT1715343710649/crp_ASTOUNDINGLY-BEAUTIFUL-AND-FUN.jpg)
Astoundingly Beautiful And Fun
Unicorn Overlord is one of those games where it's immensely challenging to review and write.
![An AI-Lite Flagship Smartphone](https://reseuro.magzter.com/100x125/articles/806/1685823/lpq6BGQfq1715343166083/crp_AN-AILITE-FLAGSHIP-SMARTPHONE.jpg)
An AI-Lite Flagship Smartphone
The Honor Magic6 Pro emerges as a refreshing outlier, poised to disrupt the market with its impressive specifications and innovative features.
![What Price For Peace Of Mind?](https://reseuro.magzter.com/100x125/articles/806/1685823/N6fdwwIUu1715342544453/crp_WHAT-PRICE-FOR-PEACE-OF-MIND.jpg)
What Price For Peace Of Mind?
TackGPS Plus boasts of being the world's first GPS tracker with indoor elevation finding capabilities and up to 30 days of battery life on a single charge.
![THE 12 Best Flagship True Wireless Earbuds Compared](https://reseuro.magzter.com/100x125/articles/806/1685823/NdzTgQxmN1715341314193/crp_THE-12-BEST-FLAGSHIP-TRUE-WIRELESS-EARBUDS-COMPARED.jpg)
THE 12 Best Flagship True Wireless Earbuds Compared
With so many brands available, it can be hard to decide which to get, this is why we've rounded up and tested the best that all of the major brands have to offer.