Customers are increasingly opting to use a smartphone, tablet or PC to make bill payments as trust and security are finally persuading consumers to leave behind traditional services.
Payment solutions provider allpay has announced its growth intentions, claiming it will enhance the current systems it offers.
The annual transaction value of online, mobile and contactless payments may reach $4.7 trillion (£2.7 trillion) by 2019, claims new research.
Bank's CEO Ainadvertently confirmed that the bank will in fact be supporting Apple's mobile payment system in an email to a disgruntled customer on 12 January.
The advancement of digital technology has welcomed many new trends over the last couple of years, and the payment industry is constantly evolving and adapting to keep pace.
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