Mobile Payments in Fintech Environment
Requirements, Security Challenges & Trends
With the development of IT technology in recent years, various Fintech technologies that combine finance and technology have been developed. In particular, the rapid expansion of the online market and the spread of mobile devices have increased the need for mobile payment apps that enable easy online payments.
In this blog article, we are going to compare and analyze current mobile fintech payment methods, categorize mobile payment service providers, and describe the requirements and security challenges that mobile fintech payment service providers must meet. Finally, we would look into recent trends this industry is adopting.