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Swish (Swedish pronunciation: or ) is a mobile payment system in Sweden.The service was launched in 2012 by six large Swedish banks, [1] [2] in cooperation with Bankgirot and the Central Bank of Sweden. [3]
The cloud based approach places the mobile payment provider in the middle of the transaction, which involves two separate steps. First, a cloud-linked payment method is selected and payment is authorized via NFC or an alternative method. During this step, the payment provider automatically covers the cost of the purchase with issuer linked funds.
In 2015, Square launched a reader for Android and iOS that accepts contactless and chip card payments. [28] That year, the firm launched Square Payroll for small business owners to process payroll. [29] In October 2017, Square Register, was announced for small to medium-sized businesses. [30] Square launched in the UK in 2017. [31]
The New Payments Platform (NPP), operated by New Payments Platform Australia Ltd (NPPA) [1] is an industry-wide payments platform for Australia. It became accessible to the general public on 13 February 2018 [ 2 ] with the introduction of PayID, an addressing capability, and Osko , [ 3 ] the first NPP overlay service, operated by BPAY .
OVO, officially a product of PT Visionet International, is a digital payment service based in Jakarta, Indonesia. It was established in 2017 with an e-money license from Bank Indonesia, [1] and in 2019 was Indonesia's top digital payment service. [2] Owned by Grab and local investors, [3] in 2019, OVO became Indonesia's first finance-tech ...
An M-PESA agent shop in Nairobi, Kenya. In such shops, customers can access most M-PESA services. Safaricom and Vodafone launched M-PESA, a mobile-based payment service targeting the un-banked, pre-pay mobile subscribers in Kenya on a pilot basis in October 2005. [6]
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