As UPI Transactions Rise, Paytm, PhonePe and Other Online Payment Apps in India Struggle to Make Money

SSC Accomplishment 2019: Recruitment For 25 Lakhs Candidate Can Apply Now!

The Employees choice Commission (SSC) has issued a contemporary notification for the employee's Multi Tasking Staff (MTS) Examination, 2019, advising them to confer with the vital Notices uploaded on the web site of the Commission on might a pair of, might eight and should thirteen, 2019.

The Commission mentioned that to date, over twenty-five large integer candidates have already applied for the MTS examination 2019.

As the application method for the same examination ends on might twenty nine, 2019, the Commission another time issued a notice stating, Candidates area unit herewith once more suggested, in their own interest, to submit their online applications abundant before the cut-off date, i.e.

The SSC can competitive examination for (MTS) posts in numerous States/Union Territories.

The fee is online By BHIM UPI, Internet Banking, by exploitation making the most generating SBI Challan.

Mobile Payments MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Mobile Payments Market.

Mobile payments are slowly replacing the traditional alternatives like credit cards, debit cards, cash etc.

As the number of internet users is increasing day by day, mobile payments are gaining immense popularity.The regional analysis of mobile payments market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World.

Mode of transaction includes three modes, short message service, wireless application protocol and near field communication.

Among the end use applications, retails is observed to have a high market share due to increasing in-store payments through smartphones.According to Market Research Future Analysis, Mobile Payments Market has been valued at approx.

USD 3,300 Billion by the end of forecast period with 32% of CAGR during forecast period 2017 to 2023Market Research Future (MRFR) recognizes the following companies as the key players in the mobile payments market - Alipay.com (China), Amazon.com, Inc. (U.S.), Apple (U.S.), Starbucks Corporation (U.S.), PayPal holdings, Inc. (U.S.), General Motors Company (U.S.), MasterCard Incorporated (U.S.), Samsung Group (South Korea), Paytm (India), Square, Inc. (U.S.) among others.Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:The Mobile Payments Market has been segmented on the basis of mode of payment, mode of transaction and end use application.

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Summary Apple Pay is a mobile payment solution launched by Apple in October 2014.

It allows users to store their payment card details to use for future payments.

Users hover their mobile device near a contactless terminal and authenticate the transaction with Touch ID, Face ID, or PIN, depending on the Apple device used.

The solution is accepted at more than 20 million retail outlets globally and supports all major payment networks.

In the US alone, it is accepted at more than 65% of all merchant locations.

Apple Pay is supported by more than 4,000 banks and financial institutions, including major brands such as Bank of America, Capital One, Chase, Citibank, and Wells Fargo.

Days after Zomato's big-bang bourse listing, what could possibly trump that?The buzz that this may just be the beginning...Next in line is One97 Communications, the parent of Paytm, which filed its DRHP with SEBI on July 16th.The listing of India’s second-largest startup (after Byju’s), and potentially one of the largest public offerings in Indian stock market history (at ₹16,600cr or $2.2bn), is undoubtedly a big deal.However, could confidence in the sector’s prospects and in Paytm’s brand entice investors despite its less-than-perfect financials?Click link for a deep-dive into the much-awaited Paytm IPO:https://transfin.in/paytm-ipo-all-you-need-to-know

According to the Wall Street Journal, Amazon invested in Indonesian ride-hailing firm Go-jek.

Later offers a wide range of services including food and grocery delivery, courier services and mobile payments.

Such expansive offerings make it a super app, attracting millions of users and leaving behind competitors like WeChat and Grab.

With a lavish spread of service offerings, Gojek has its corky way of doing things.

Know more as we acknowledge Gojek overhaul!

All one needs now is a smartphone to transfer or receive money quickly.

What wins it accolades is the transparency and accessibility with which it can operate.

The global mobile payments market is now eyeing for an astonishing USD 3,300 billion valuation with a 32% CAGR during the forecast period (2018-2023).

Apart from the benefits enjoyed by consumers, businesses can also benefit as the transaction becomes smoother and hassle-free.

The digitalized process also helps in the analysis of customer behavior which can be a great tool for customer retention policies.

Mobile payments are slowly replacing the traditional alternatives like credit cards, debit cards, cash etc.

Payments Market AnalysisThe global Mobile Payments Market size is predicted to touch USD 3,300 billion at a 32% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis.

Mobile payment, simply put, is the payment of services or goods or transfer of money with smartphones/mobiles.

This form of payment is used in different operations such as buying movie tickets, smartphone game upgrades, ordering takeaway food, and others.Various factors are propelling the global mobile payments market share.

Of these, the mobile wallet/bank cards segment will lead the market over the forecast period.By mode of transaction, the global mobile payments market is segmented into near field communication (NFC), short message service (SMS), and wireless application protocol (WAP).

Of these, the retail segment will have a major share in the market over the forecast period.Regional AnalysisBased on the region, the global mobile payments market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW).Of these, the APAC region will dominate the market over the forecast period.

The rise in smartphone users, growing awareness about mobile banking, rising internet penetration, favorable government approaches to promote the digital economy, and heavy investments to promote mobile solutions and mobile payments are adding to the global mobile payment technologies market growth in the region.The global mobile payment technologies market in Europe is predicted to hold the second-largest share over the forecast period.