Online and mobile payments worldwide are forecast to reach €3 trillion in the next five years, according to a report by Hamburg-based business intelligence organization yStats.com. Mobile payment is the growth leader, outpacing online and the total payments market, with further growth expected following the launches of varying mobile payment…

Online payment option is increasing steadily in the Asia-Pacific region because of ecommerce, according to a report by Hamburg-based business intelligence organization yStats.com. In the region’s largest market, China, online and mobile payments are dominated by local third-party payment providers, such as Alipay and Tencent. In November 2014, Alibaba announced…

The payments ecosystem has witnessed radical developments over the past decade. There are more than a dozen payment technologies driving numerous payment methods. The list of examples would seem never ending. Just to cite a few, there is Bionym which has come with a smart band for payments that uses…