{"id":9624,"date":"2018-05-07T11:10:43","date_gmt":"2018-05-07T11:10:43","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=9624"},"modified":"2018-08-08T14:19:01","modified_gmt":"2018-08-08T14:19:01","slug":"startups-are-disrupting-the-payments-industry","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/startups-are-disrupting-the-payments-industry\/","title":{"rendered":"Startups are disrupting the payments industry"},"content":{"rendered":"<p>Payment startups have seen considerable momentum in recent years and are on track for USD 3.8 billion in funding this year. From point-of-sale solutions to money transfers and mobile payments, these startups are changing how electronic payments are made, accepted and processed. There are nine main payment categories in which payment startups are getting a lot of attention:<\/p>\n<ul>\n<li><strong>Online payment services<\/strong> \u2014 making payment processing more available, secure and inexpensive<\/li>\n<li><strong>Billing automation and streamlining<\/strong> \u2014 streamlining invoices and automating financial processes and billing<\/li>\n<li><strong>Point-of-sale payments<\/strong> \u2014 offering point-of-sale products and services, including card readers, stands and digital storefronts<\/li>\n<li><strong>Personal payment services<\/strong> \u2014 providing consumers with more convenient payment platforms<\/li>\n<li><strong>Bitcoin payments<\/strong> \u2014 using digital currency to make payments faster and more secure<\/li>\n<li><strong>E-commerce payments<\/strong> \u2014 creating payments solutions geared to the challenges seen by online merchants<\/li>\n<li><strong>Connected card payments<\/strong> \u2014 working on all-in-one connected credit cards as a key link in payment value chains<\/li>\n<li><strong>Money transfer services<\/strong> \u2014 providing digital solutions for sending money across borders quickly and cheaply<\/li>\n<li><strong>Mobile payment infrastructure<\/strong>&nbsp;\u2014 creating and updating the infrastructure necessary to process an increasing volume of mobile payments<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9627\" src=\"http:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/Infographic_109_12.17.2015_payments.png\" alt=\"\" width=\"1729\" height=\"984\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/Infographic_109_12.17.2015_payments.png 1729w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/Infographic_109_12.17.2015_payments-300x171.png 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/Infographic_109_12.17.2015_payments-768x437.png 768w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/Infographic_109_12.17.2015_payments-1024x583.png 1024w\" sizes=\"auto, (max-width: 1729px) 100vw, 1729px\" \/><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-9624 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Cashless payments in Kazakhstan gaining in popularity'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/cashless-payments-in-kazakhstan-gaining-in-popularity\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/01\/cashless-payments-in-kazakhstan-gaining-in-popularity-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-12077\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12077'>\n\t\t\t\tCashless payments in Kazakhstan gaining in popularity\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Kyrgyz National Bank proposes banning replenishment of e-wallets from mobile balances'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/kyrgyz-national-bank-proposes-banning-replenishment-of-e-wallets-from-mobile-balances\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/two-business-man-fighting-over-a-market-income_3446-463-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-8584\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/two-business-man-fighting-over-a-market-income_3446-463-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/two-business-man-fighting-over-a-market-income_3446-463-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/two-business-man-fighting-over-a-market-income_3446-463.jpg 626w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8584'>\n\t\t\t\tKyrgyz National Bank proposes banning replenishment of e-wallets from mobile balances\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 16th \u2013 23th February'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-16th-23th-february\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/02\/11060-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15820\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15820'>\n\t\t\t\tBFC FinTech Monitor 16th \u2013 23th February\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Payment startups have seen considerable momentum in recent years and are on track for USD 3.8 billion in funding this year. From point-of-sale solutions to money transfers and mobile payments, these startups are changing how electronic payments are made, accepted and processed. There are nine main payment categories in which payment startups are getting a &hellip;<\/p>\n","protected":false},"author":5,"featured_media":9628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,367],"tags":[399,400,70],"class_list":["post-9624","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","category-video-infographics","tag-cryptocurrency","tag-money-transfers","tag-payments","b_post_type-nutshell"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=9624"}],"version-history":[{"count":4,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9624\/revisions"}],"predecessor-version":[{"id":9751,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9624\/revisions\/9751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/9628"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=9624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=9624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=9624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}