Top 21 Mobile Payment Service Providers
Top 21 Mobile Payment Service Providers
Mobile payment processing is a thriving industry, catering to the increasing need for businesses and individuals to execute transactions digitally. Companies in this sphere typically offer mechanisms to accept payments via smartphones or internet-enabled devices. Services frequently include credit card processing, direct transfers, point of-sale solutions and digital wallet compatibility, balancing security with user-friendly interfaces. With the rapid advancement in digital technology, the industry is set to expand further, potentially incorporating emerging technologies like blockchain and AI to provide even more efficient and innovative solutions.
Top 21 Mobile Payment Processing Companies
1. Square
- Website: squareup.com
- Headquarters: San Francisco, California, United States
- Founded: 2009
- Headcount: 1001-5000
- Latest funding type: Post Ipo Equity
Square is a financial services and mobile payment company that offers a wide range of products and services to help businesses manage their transactions. They provide tools for payment processing, point-of-sale solutions, and financing options, making it easier for merchants to accept payments and grow their businesses.
2. PayPal
- Website: paypal.com
- Headquarters: San Jose, California, United States
- Founded: 1998
- Headcount: 10001+
- Latest funding type: Ipo
PayPal is a global payment service that allows users to make secure online transactions using their credit cards without sharing financial information. It offers buyer and seller protection for eligible transactions, and users can also use their PayPal login to skip entering bank and card information. PayPal operates under an exemption from holding a license during the statutory transitional period in Singapore.
3. Worldpay
- Website: worldpay.com
- Headquarters: London, Ohio, United Kingdom
- Founded: 1993
- Headcount: 5001-10000
- Latest funding type: Acquired
Worldpay is a global payment processing company that provides secure and innovative payment solutions to businesses of all sizes. They offer a wide range of services, including card payment processing, online payments, and point of sale solutions.
4. PagSeguro PagBank
- Website: pagseguro.com.br
- Headquarters: São Paulo, Wallis And Futuna, Brazil
- Founded: 2006
- Headcount: 501-1000
PagSeguro is a Brazilian company that offers online and mobile payment solutions, including credit card processing and secure transactions. They provide a convenient and reliable platform for individual customers, small businesses, and large enterprises to easily buy and sell products and services.
5. SumUp
- Website: sumup.co.uk
- Headquarters: London, London, United Kingdom
- Founded: 2012
- Headcount: 1001-5000
- Latest funding type: Series Unknown
SumUp is a payment solutions company that offers card machines and app-based payment solutions for businesses. They enable businesses to accept payments securely and easily, whether through card readers, payment links, or invoices. SumUp helps businesses streamline their payment processes and manage their finances effectively.
6. Stripe
- Website: stripe.com
- Headquarters: South San Francisco, California, United States
- Founded: 2010
- Headcount: 1001-5000
- Latest funding type: Secondary Market
Stripe is a financial technology company that offers a suite of payments products and tools. They enable businesses to accept online payments, automate revenue collection, and embed financial services in their platforms or products.
7. Elavon, Inc.
- Website: elavon.com
- Headquarters: Atlanta, Georgia, United States
- Founded: 1991
- Headcount: 1001-5000
- Latest funding type: Acquired
Elavon is a company that specializes in payment processing solutions and core processing services. They offer a wide range of services to help businesses securely process payments, manage transactions, and improve overall efficiency. With a focus on reliability and security, Elavon provides comprehensive solutions to businesses of all sizes.
8. TransFirst
- Website: transfirst.com
- Headquarters: Broomfield, Colorado, United States
- Founded: 1995
- Headcount: 501-1000
- Latest funding type: Acquired
TransFirst is a company that offers payment processing solutions and merchant services to businesses. They provide secure and efficient payment options, including credit card processing, mobile payments, and online payment gateways.
9. Venmo
- Website: venmo.com
- Headquarters: New York, New York, United States
- Founded: 2009
- Headcount: 201-500
- Latest funding type: Acquired
Venmo is a money transfer service offered by PayPal, Inc. that allows users to send and receive payments easily. It offers a convenient way to split bills and settle up with friends for shared activities. Venmo also provides a platform for businesses to reach customers and grow their business. Additionally, Venmo offers features such as cash back rewards, cryptocurrency trading, and the ability to send and receive gifts.
10. MercadoPago.com
- Website: mercadopago.com
- Headquarters: Osasco, Sao Paulo, Brazil
- Founded: 2004
- Headcount: 1001-5000
Mercado Pago is a payment processing company based in Argentina. They offer a variety of payment methods including Visa, Mastercard, and American Express. The company aims to provide secure and reliable payment solutions to businesses and individuals, allowing them to conveniently process payments online.
11. Braintree
- Website: braintreepayments.com
- Headquarters: Chicago, Illinois, United States
- Founded: 2007
- Headcount: 501-1000
- Latest funding type: Acquired
Braintree Payments is an online payment solutions and global payment processor. With over 20 years of experience, Braintree offers an all-in-one solution for selling products or services, providing customized pricing based on business size and model. As a PayPal service, Braintree's innovative payments technology, scalable solutions, and white-glove support are backed by one of the world's largest and most trusted fintech brands.
12. Bambora
- Website: bambora.com
- Headquarters: Stockholm, Stockholm, Sweden
- Founded: 2015
- Headcount: 501-1000
- Latest funding type: Acquired
Bambora is a company that provides payment processing services and solutions. They offer secure and efficient payment processing for businesses of all sizes, allowing customers to easily accept a variety of payment methods.
13. S2m
- Website: s2mworldwide.com
- Headquarters: Casablanca, Morocco
- Founded: 1983
- Headcount: 51-200
S2M Worldwide is a company that specializes in digital payment systems. They offer innovative solutions for electronic payment transactions, making it easier and more secure for businesses and consumers to conduct financial transactions online.
14. Tamara
- Website: tamara.com
- Founded: 2020
- Headcount: 51-200
- Latest funding type: Series B
Tamara.com is a payment solution company that offers hassle-free split payments for online purchases. With Tamara, customers can shop at a wide range of stores and split their payments over time, interest-free. The company does not charge fees or interest from customers but earns profit by charging fees from the stores they work with.
15. NetPay
- Website: netpay.mx
- Headquarters: Monterrey, Nuevo León, Mexico
- Founded: 2008
- Headcount: 51-200
- Latest funding type: Acquired
NetPay is a payment processing company that offers online and offline payment solutions for businesses. With NetPay Maker, businesses can easily sell online and synchronize their sales across different social media platforms. NetPay also provides a free portal for businesses to track their transactions and manage their finances. Additionally, NetPay offers mobile payment solutions through their Terminal Mini device, allowing businesses to accept credit and debit card payments on the go.
16. Wpay
- Website: wpay.com.au
- Headquarters: Sydney, New South Wales, Australia
- Headcount: 201-500
Wpay is a company that offers innovative payment solutions for businesses. They provide a range of payment services, including mobile payments, online payments, and point-of-sale solutions. With their user-friendly platform and secure technology, Wpay helps businesses streamline their payment processes and improve customer satisfaction.
17. OmniPay
- Website: omnipaygroup.com
- Headquarters: Dublin, Ireland, Ireland
- Founded: 2000
- Headcount: 51-200
Omnipay Group is a company that offers financial technology solutions for businesses. They provide a range of payment processing services, including online payments, mobile payments, and in-store payments. Their solutions help businesses streamline their payment processes and improve customer experience.
18. Paytail
- Website: paytail.com
- Headquarters: Delhi, Delhi, India
- Founded: 2020
- Headcount: 51-200
- Latest funding type: Seed
Paytail is a company that provides payment solutions for businesses. They offer a range of services including online payments, mobile payments, and point-of-sale systems. With their secure and user-friendly platform, businesses can easily manage their transactions and accept payments from customers.
19. Raylo
- Website: raylopay.com
- Headquarters: London, London, United Kingdom
- Founded: 2019
- Headcount: 51-200
Raylo Pay is a company that provides payment solutions for individuals and businesses. They offer a range of payment options, including mobile payment services and online payment platforms.
20. ProPay
- Website: propay.com
- Headquarters: Lehi, Utah, United States
- Founded: 1997
- Headcount: 51-200
- Latest funding type: Acquired
Propay.com provides payment processing solutions for businesses of all sizes. Their secure, reliable, and flexible platform enables merchants to accept payments online, in-store, and on mobile devices.
21. Fidelity Payment Services
- Website: fidelitypayment.com
- Headquarters: Brooklyn, New York, United States
- Founded: 1996
- Headcount: 51-200
- Latest funding type: Private Equity
Fidelity Payment Services is a merchant services provider that offers mobile, online, and in-store payment solutions. They specialize in credit/debit payments, ACH direct debit, and gift and loyalty programs. With a focus on PCI compliance and security, they provide fast funding and chargeback prevention services.
Want to find more mobile payment processing companies?
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