Mobile Payment as Key Instruments
Many banks have recently adopted technology into their banking apps that allow customers to send money instantly to friends and family members directly from their bank accounts. Mobile payments are becoming a key instrument for PSPs and other market participants, in order to achieve new growth chances.
Because of their enhanced security features and convenience, mobile payment adoption will continue to increase. Mobile payments may be even more secure when you factor in the use of tokenization, biometrics, and multi-factor authentication. Check disclaimer on my profile and landing page.