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.
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.
Esta historia es de la edición January 2017 de HWM Singapore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 2017 de HWM Singapore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
How To Secure Your Smartphone
WE COVERED THE IMPORTANCE OF A STRONG password earlier. And this also applies to your smartphone too. While using your birthdate can seem convenient, if you wouldn't use that on your PC, then you shouldn't use it on your phone either.
Ryzen AI Enters The Fray
This review covers the flagship processor in the lineup, the Ryzen AI 9 HX 370, which features a powerful 12-core, 24-thread configuration, 36MB of cache, and Radeon 890M graphics.
IT'S UPGRADE TIME
As the tenth anniversary of the Apple Watch approached, rumours about a revolutionary device with a dramatic design change swirled-the Apple Watch X. But as it turns out, we got the Apple Watch Series 10 instead.
Intel Core Ultra 2 Shines
With a week of hands-on experience with the ASUS Zenbook S 14 powered by Intel's Core Ultra 7 258V, it's clear that Intel has created a chip that's a serious contender in the ultraportable space.
Smaller, Lighter, Smarter
When it comes to second-generation products, you expect improvements, and the Google Pixel Buds Pro 2 certainly delivers.
AN ATMOSPHERIC ATTEMPT
Taking on a remake of Konami's classic Silent Hill 2 was always going to be a daunting task. Enter Bloober Team, the studio behind other psychological horror titles like The Medium and Blair Witch. While those were solid efforts in their own right, Silent Hill holds a special place in the hearts of horror fans, and any attempt to update it was bound to be scrutinized.
BASIC, BUT COMPETENT
Following the success of the Nothing Phone (2) and Nothing Phone (2a), the company launched its sub-brand, CMF by Nothing, aimed squarely at the budget-conscious.
LENOVO YOGA SLIM 7X
The Lenovo Yoga Slim 7x stands out in terms of build quality and design. With a thickness of just 12.9mm and weighing a mere 1.28kg, this laptop is incredibly portable.
COMFY, SECURE, AND OPEN
With the Nothing Ear (Open), the company has focused on elevating the open-fit experience with a stylish design, secure fit, and surprisingly solid audio quality.
The Emperor Of Mankind Approves
Warhammer 40,000: Space Marine 2 puts you right in the middle of the Imperium's most brutal battles, and it does so with an unapologetic embrace of its own absurdity.
