Top 20 Mobile Payment Solution Companies - 2021

In the current day and age, the preference for convenient mobile shopping stirs up the demand for frictionless and secure payment methods, along with the integration of mobile wallets in shopping portals to ensure a great shopping experience. Especially in response to the pandemic-driven need, to reduce face-to-face commerce and limit contact with payment devices, consumers have adjusted their payment preferences. As a result, the growth of contactless payments has accelerated around the world. In such times, it’s really exciting to see what mobile payment trends will make it big in the market.

However, with the rise in the problems of identity theft and fraud, biometric authentication can become a reliable and secure option for all the digital payments. Biometric authentication is a unique and important payment method as it incorporates and provides accuracy, efficiency, and security under a single package. Biometric authentication is a highly-secured method since it involves an individual’s unique characteristics. This factor also helps in building the customer loyalty and trust.

Together with that, the EMV technology (Europay, Mastercard, and Visa) has also gradually picked up and introduced customers with more computerized and secured mechanism for payment. The EMV technology is known for using codes that varies every time a transaction takes place. This use of temporary codes enhances the security in the bank accounts by leaps and bounds. This example shows how codes can shape the way we manage bank account systems.

At this juncture, many mobile payment solution providers are entering the domain with advanced and integrated offerings. To help the digital payment sector strengthen its operational capabilities and simultaneously enable growth in the industry, CIOReview has compiled a list of the 20 most promising mobile payment solution providers. The list comprises prominent organizations in the industry that address issues pertinent to the mobile payment sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you CIOReview’s “20 Most Promising Mobile Payment Solution Providers – 2021.”

    Top Mobile Payment Solution Companies

  • 1

    PayRem, Inc is a mobile money transfer and payment services platform that enables seamless money transfer across various countries. The company is always driven by a mission to establish a secure mobile payment and money transfer ecosystem that offers a wide range of services at affordable prices. Adhering close to this principle, the company specializes in global remittance and payment services and provides a future-proof P2P and B2B money transfer and digital payments platform, $PayRem

  • 2

    At EMS, our primary focus is helping merchants succeed. We specialize in serving small to mid-sized businesses

  • 3

    The company brings to the table a fully cloud-based proprietary platform, accessible through a single direct API, which provides rapid, reliable, and convenient support for pay-in and payout transactions, including cross-border and local-to-local payments

  • 4

    ADVAM

    ADVAM

    ADVAM technology makes it easier for consumers to buy the things they need — reliably, efficiently and securely. ADVAM products are truly multi-channel, delivering an intuitive payment journey across online, mobile, unattended and via digital wallets

  • 5

    AgileNova

    AgileNova

    Unique blend of functional expertise in the Payments domain and Technical excellence in application development helps AgileNova deliver highly performing, secure and cost-effective payments solutions

  • 6

    Boku

    Boku

    Since 2008, Boku has built mobile-first infrastructure used by leading global companies to grow, monetize & secure transactions in a mobile-first world

  • 7

    Get Beyond

    Get Beyond

    Get Beyond strives to help owners of small and mid-size businesses save time and reduce costs by simplifying their complex back office operation. Its r integrated suite of business tools and services includes payment processing, payroll, business capital and point-of-sale

  • 8

    Helcim

    Helcim

    Helcim makes credit card processing for your business easy, simple, and affordable. Helcim provides Canadian & American businesses an opportunity to accept credit card payments at affordable & transparent rates

  • 9

    Net Element

    Net Element

    A technology-driven group specializing in mobile payments and value-added transactional services. Net Element (NASDAQ: NETE) is a global technology-driven group specializing in mobile payments and value-added transactional services

  • 10

    NLP Secure

    NLP Secure

    NLP Secure offers innovative, customized solutions for credit/debit card & eCheck processing, EMV processing, online payments, mobile payments, and more

  • 11

    North American Bancard

    North American Bancard

    North American Bancard offer business solutions in credit card processing, ecommerce/gateway, mobile payments, and cash advances for merchants of all sizes; NAB is committed to strengthening the communities we live and work in

  • 12

    OmniFund

    OmniFund

    OmniFund offers a comprehensive, intuitive approach to the payment process that creates a seamless experience for customers. It offer a scalable, customizable solution designed to meet the goals of business

  • 13

    ParkMobile

    ParkMobile

    ParkMobile, LLC is the leading provider for on-demand and prepaid mobile payments for on- and off-street parking. its mission is to leverage technology and innovation to maximize convenience and efficiency for the owner, operator, and consumer

  • 14

    PayByPhone

    PayByPhone

    Two decades and over 30 million users later, PayByPhone is on a mission to simplify people’s journeys across three continents. It helps to pay for parking with a few quick taps. No coins, no hunting for the machine, just a clever little app that means it helps to spend less time running back to car and more time doing what matters most

  • 15

    Pineapple Payments

    Pineapple Payments

    A Pittsburgh-based payments technology company that provides payment processing, proprietary technology, and omni-channel payment acceptance solutions for merchants of all shapes and sizes

  • 16

    REPAY

    REPAY

    Repay helps to stop spending valuable time managing vendor payments and get back to the things that matter and automate AP processes using electronic payment solutions and simplify how business makes outbound payments

  • 17

    Thunes

    Thunes

    Helps to empower businesses and their customers around the world to participate in the global economy by making global payments fast, transparent and affordable – even in emerging countries with smaller, but fast-growing, economies

  • 18

    Vaiu Global

    Vaiu Global

    Vaiu Global offers a turnkey software package helping businesses to create an era of cash-like digital transaction without risking the loss of credentials. The company is enabling banks to move beyond credit and debit cards and modernize their payment while maximizing flexibility and future growth of bank’s needs. With the Vaiu’s flagship product —Vaiu Instant ATM™—creates a fresh modern digital transaction for consumers to withdraw exactly the amount of cash they need by packetizing money on their mobile phone

  • 19

    Value Payment Systems

    Value Payment Systems

    Value Payment Systems offers numerous payment processing methods customized for clients’ needs. VPS can provide the back-end bill payment application. The client/ partner provides all of the front-end design and software. VPS will then seamlessly integrate with their software to provide a payment option

  • 20

    VPay

    VPay

    VPay delivers better claim payment experiences. With the insurance industry’s only total payment solution, VPay provide new payment options and streamline every aspect of the payment process