-
Thematic Analysis
![]()
Payments Sector Scorecard – Thematic Research
Payments is a huge industry that is integrated in practically every aspect of the economy. Payments between individuals and businesses are a simple fact of everyday life, but the way we pay for our goods and services is rapidly changing. With technological progress and the life of the everyday consumer becoming increasingly digital, payment companies are looking to create ways to make transactions more convenient and simple. Increasingly, payments are becoming a feature of products and services rather than a...
-
Company Insights
![]()
Competitor Profile: Pingit
Pingit was the UK’s first instant mobile payments app, introduced by Barclays in 2012. Initially launched as a peer-to-peer (P2P) payment service between individuals, it was extended for merchants, allowing them to accept payments for online and offline purchases. The service was initially only offered to Barclays account holders, before being extended to all UK residents with a UK-registered mobile number and UK bank account. The app can be downloaded from the Apple App Store or Google Play Store. The...
-
Analyst Opinions
![]()
Competitor Profile: ELV
Elektronisches Lastschriftverfahren (ELV) is an electronic direct debit system in Germany. Launched in the 1980s by a group of merchants, it accounted for 5.9% of the country’s non-cash transaction volume in 2018. It is a popular payment solution in Germany for both in-store and online payments and is an alternative payment option for customers who do not like using credit cards online to pay for products or services. In-store ELV payments are made using debit cards that contain the necessary...
-
Company Insights
![]()
Competitor Profile: Wirecard
Wirecard is a global merchant acquiring and payment processing company that provides in-store, online, and mobile payment solutions to merchants. Wirecard offers a range of point-of-sale (POS) and mobile point-of-sale (mPOS) terminals for in-store payments, as well as online services such as Gateway and payment pages for online merchants. Merchants can accept all leading payment methods including cards and digital wallets, with support for leading schemes including Visa, Mastercard, American Express, China UnionPay, Diners Club, Discover, and JCB. Wirecard has...
-
Company Insights
![]()
Competitor Profile: Pingit
Pingit was the UK’s first instant mobile payments app, introduced by Barclays in 2012. Initially launched as a peer-to-peer (P2P) payment service between individuals, it was extended for merchants, allowing them to accept payments for online and offline purchases. The service was initially only offered to Barclays account holders, before being extended to all UK residents with a UK-registered mobile number and UK bank account. The app can be downloaded from the Apple App Store or Google Play Store. The...
-
Company Insights
![]()
Competitor Profile: Orange Bank
This report provides information on Orange Bank, including detailed insights into its business and geographical presence, comprehensive coverage of its products and services, a comparative assessment of its key competitors, and a run-through of its major events and milestones. Orange Bank is a French online bank that was founded in 2017 following the majority acquisition of Groupama Banque by French telco Orange. Running as a 100% mobile bank, its products currently include consumer loans, debit cards, and current and savings...
-
Company Insights
![]()
Competitor Profile: Wirecard
Wirecard is a global merchant acquiring and payment processing company that provides in-store, online, and mobile payment solutions to merchants. Wirecard offers a range of point of sale (POS) and mobile point of sale (mPOS) terminals for in-store payments, as well as online services such as Gateway and payment pages for online merchants. Merchants can accept all leading payment methods - including cards and digital wallets - with support for leading schemes including Visa, Mastercard, American Express, China UnionPay, Diners...
-
Company Insights
![]()
Enterprise Tech Ecosystem Series: Commerzbank
Commerzbank is an international commercial bank that provides a range of financial products and services to private customers, small and mid-sized companies, and large and multinational corporate clients. The bank provides retail banking, direct banking, real estate and asset management, and wealth management services. It operates through a network of 1,200 branch offices for private and business customers and 43 advisory centers for wealth management customers in Germany. The bank also operates through seven subsidiaries, 35 representative offices, and 23...
-
Analyst Opinions
![]()
Competitor Profile: Alipay
Launched in 2004, Alipay is the largest alternative payment services provider globally in terms of transaction value. It is a subsidiary of Ant Financial Services, which is controlled by Alibaba Group. Alipay allows users to make fund transfers as well as online, in-app, and in-store payments at home and abroad. It is the primary method of payment for Alibaba’s online marketplaces, including AliExpress, Tmall, and Taobao. In FY 2019 ended March 31, almost 70% of gross merchandise value in Alibaba’s...
-
Analyst Opinions
![]()
Competitor Profile: Tenpay
Tenpay is the second-largest online payment platform in China, behind only Alipay. It was launched in 2005 by Tencent, China’s leading internet company. Tenpay supports online, in-app, and in-store payments both in China and abroad. Tenpay users can make fund transfers to other users’ Tenpay accounts or their bank accounts. Users can also make mortgage and credit card payments, and can even invest in various financial products. Tencent also owns popular social media platforms including QQ Messenger and WeChat, and...
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.