-
Company Insights
Affirm: Competitor Profile
Founded in 2012, Affirm was one of the earliest buy now pay later (BNPL) startups enabling consumers to pay for goods and services in installments. Its BNPL service was initially available online but was later extended to include in-store purchases. In January 2021, Affirm acquired Canadian BNPL provider PayBright and started its operations in the country. With the popularity of BNPL in Australia, Affirm decided to enter the market in December 2021 and take on domestic BNPL provider Afterpay. However,...
-
Company Insights
Samsung Pay: Competitor Profile
Samsung Pay is a mobile payment solution launched by Samsung in August 2015. Samsung Pay is available for a range of Samsung products, including its Galaxy devices and Gear wearable technology. It was the first mobile payment offering to support NFC, magnetic secure transmission, and barcode scanning in a single solution. It is supported by more than 2,800 international and regional banks and credit unions in the US, including Bank of America, Wells Fargo, Citibank, Capital One, PNC, and TD...
-
Sector Analysis
Azerbaijan Cards and Payments - Opportunities and Risks to 2029
GlobalData’s ‘Azerbaijan Cards and Payments: Opportunities and Risks to 2029' report provides detailed analysis of market trends in the Azerbaijan cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, and credit transfers during the review-period (2020–24e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and...
-
Company Insights
Amazon Pay - Competitor Profile
Amazon Pay launched in 2007 as Pay with Amazon, before being rebranded to its current name in 2017. The solution enables users to pay for purchases on third-party partner merchant websites and apps using payment methods saved on the user’s Amazon profile. In the US, Amazon Pay accepts credit and debit cards from major scheme providers including Visa, Mastercard, Discover, American Express, Diners Club, and JCB. In India, users can add funds to their Amazon Pay balance and use it...
-
Company Insights
Adyen - Competitor Profile
Adyen is a global payment company that enables merchants to accept payments from online and offline channels. Launched in 2006, Adyen offers payment services to clients globally, enabling them to accept payments via more than 250 local payment methods (including debit and credit cards and alternative payment solutions) in over 150 currencies. In addition to ecommerce payment acceptance for individual merchants, Adyen also offers Adyen for Platforms, a specialized product for online platforms and marketplaces. This service enables marketplaces to...
-
Company Insights
iDEAL - Competitor Profile
iDEAL—a market leader in Dutch third-party payment services—was established by payment systems provider Currence in 2005. iDEAL offers online payments for Dutch domestic and international shoppers, enabling them to pay for online purchases directly from their bank account. iDEAL also enables consumers to carry out other transactions such as utility bill payments, mobile top-ups, and donations. It generates business by offering five types of transactions: domestic ecommerce payments, cross-border ecommerce payments, peer-to-peer (P2P) payments, in-store payments, and buy now pay...
-
Company Insights
Paysafecard - Competitor Profile
PaysafeCard is one of the leading online prepaid voucher providers in Europe. Launched in Austria in 2000, it was acquired by Skrill Group in 2013 and became part of Paysafe Group through the latter’s acquisition of Skrill in 2015. Since then, PaysafeCard has been integrated into the group’s prepaid division. PaysafeCard allows consumers to convert cash into digital currency and pay for goods and services online without having to provide merchants with any bank or credit card details. Customers can...
-
Company Insights
Huawei Pay - Competitor Profile
Huawei Pay was launched in 2016 via a collaboration between payment scheme China UnionPay and smartphone brand Huawei, with the aim of competing in China’s exponentially expanding mobile payments market. Huawei Pay offers a ranges of payment services, including in-app and in-store payments. It offers both NFC payment as well as QR code payments for in-store purchases. To ensure privacy and security for payments, Huawei Pay utilizes tokenization and biometric authentication such as fingerprint recognition. Challenging the dominance of established...
-
Company Insights
PhonePe - Competitor Profile
PhonePe is one of the most widely adopted mobile wallets in India, with over 600 million users. The company was founded as a fintech startup in late 2015; by April 2016, PhonePe was operating as a subsidiary of ecommerce platform, Flipkart. With heavy financial backing from Flipkart, the mobile wallet service flourished. In 2020, US retail giant Walmart (the owner of Flipkart) decided to spin off PhonePe to operate as a separate entity (a process that was completed in December...
-
Sector Analysis
Innovation in Payments Authentication - Evolution, Drivers, Trends and Future Market
This report analyzes the current payment authentication landscape, exploring how authentication technologies have evolved over the years. It examines key growth areas, particularly in proximity payments, and provides future forecasts. The study delves into innovations across payment cards, online banking, mobile wallets, and other digital payment methods, highlighting advancements such as biometrics, tokenization, and dynamic security features. Additionally, it assesses ongoing trends such as the shift toward frictionless yet secure authentication, including facial recognition, fingerprint scanning, and one-click approval. The report...
Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.