Payments Transformation

Payments are being transformed in the fintech world. In 1990's Paypal was the first company that came up with electronic payments. However now there are multiple companies accepting payments over the internet and via smartphone or desktop. The volume of payment transactions is about 5.6 Trillion dollars per day.

The blockchain is transforming the traditional digital payment systems, with enhanced unbreakable security.


Major payment applications

Paypal

Alipay

Apple Pay

Google Pay

Samsung Pay

Zelle

Square Cash

Venmo

Circle Pay

Skrill

PayTM