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Mi-Pay Group Plc

Making Cents: Cashing in money for contactless payments?

In Ireland, most of us are only just getting used to contactless payments, and are perhaps distrustful.

But resistance may be futile, says an Irish consultant who forecasts trends that will affect businesses and consumer behaviour.

Martin Raymond, the founder of The Future Laboratory, has worked with AIB to study what he describes as “mobile-first millennials” and he believes the future of financial services and retailing can be seen in their behaviour.

 

Founded in 2003, Mi-Pay Group plc (LON:MPAY) delivers fully outsourced online and related payment and fraud management solutions to digital ecommerce clients, primarily in the mobile and digital content sector. Its product offering provides the infrastructure to enable pre-paid mobile devices to be topped up via a variety of channels such as websites, mobile applications and social media applications and customers include Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MNVOs), additionally managing and indemnifying the data security and payment fraud risks. Mi-Pay sells, integrates and operates its products and solutions on a global basis. For further information, please visit www.Mi-Pay.com or contact details as shown above.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.