Unveiling 22 Top-Tier Mobile App Payment Providers
Unveiling 22 Top-Tier Mobile App Payment Providers
The mobile app payment industry encompasses a broad range of companies that provide payment solutions within mobile applications. Typically, these companies offer different services such as processing online payments, money transfers, and providing a smooth, secure platform for financial transactions. They reduce the friction between the buyer and seller by seamlessly integrating the payment solution within the mobile app. They often make use of advanced technology like encryption to ensure the safety of the users' data. Their services are widely utilized by businesses of all sizes, from small start-ups to large enterprises. Given the growing reliance on mobile commerce, this industry is poised for substantial growth in the future.
Top 22 Mobile App Payment Companies
1. Alipay
- Website: alipay.com
- Headquarters: Hangzhou, Zhejiang, China
- Founded: 2004
- Headcount: 10001+
Alipay.com is a company that provides various financial services, including online payments, money transfers, and mobile payment solutions. It offers a secure and convenient platform for individuals and businesses to conduct their financial transactions.
2. Amazon Fullfilment Center
- Website: amazon.com
- Headquarters: Mount Vernon, New York, United States
- Founded: 2017
- Headcount: 201-500
- Latest funding type: Post Ipo Debt
Amazon Pay is a payment service offered to Amazon customers. With Amazon Pay, customers can use their Amazon username and password to make purchases on participating websites. It offers secure and convenient payment options, increasing shopper engagement and brand visibility. Businesses can enable Alexa Delivery Notifications and benefit from the A-to-z Guarantee. Accepted payment methods include credit and debit cards. Amazon Pay does not add fees to purchases, though card issuers may impose foreign transaction fees. It is widely used by small to medium businesses and large enterprises.
3. 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.
4. 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.
5. Revolut
- Website: revolut.com
- Headquarters: London, England, United Kingdom
- Founded: 2015
- Headcount: 1001-5000
- Latest funding type: Secondary Market
Revolut is a financial technology company that offers a range of financial services and products. With their mobile app, users can manage their day-to-day spending, send money internationally, exchange currencies, invest in cryptocurrencies, and access budgeting tools and analytics.
6. 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.
7. LinkAja
- Website: linkaja.id
- Headquarters: South Jakarta, Jakarta, Indonesia
- Founded: 2019
- Headcount: 501-1000
- Latest funding type: Series B
LinkAja is a digital wallet and electronic money (E-Money) platform that offers various ways to top up and manage your funds. With LinkAja, users can easily make payments, transfer money, and access other financial services through their mobile devices.
8. OPay
- Website: opayweb.com
- Headquarters: Alausa, Lagos, Nigeria
- Founded: 2018
- Headcount: 201-500
- Latest funding type: Series C
OPay is a mobile money platform that offers seamless financial services. Customers can send money to other banks for free, receive money in real-time, and make stress-free payments for various bills. With a focus on security and privacy, OPay provides encrypted transactions and advanced fraud detection. The company operates in Nigeria and has over 500,000 mobile money merchants.
9. GCash (Mynt - Globe Fintech Innovations, Inc.)
Mynt.xyz is a company dedicated to exploring innovative and non-traditional avenues in microfinance, leveraging telecommunications infrastructure and a mobile money platform. They offer safe and convenient cashless transactions using mobile phones as virtual wallets for bill payments and other purchases.
10. slice
- Website: sliceit.com
- Headquarters: Bangalore, Karnataka, India
- Founded: 2016
- Headcount: 1001-5000
- Latest funding type: Series Unknown
Sliceit.com is a payment processing platform that offers a simple and convenient way for customers to make payments. Their platform allows users to securely store their payment information and easily make payments online or through mobile devices.
11. OVO (PT Visionet Internasional)
- Website: ovo.id
- Headquarters: Jakarta, Dki Jakarta, Indonesia
- Founded: 2017
- Headcount: 501-1000
- Latest funding type: Acquired
OVO is a company that offers a range of financial services and digital payment solutions to individuals and businesses. Their services include mobile wallet, remittance, bill payments, and merchant services.
12. Simpl
- Website: getsimpl.com
- Headquarters: Bengaluru, Karnataka, India
- Founded: 2015
- Headcount: 501-1000
- Latest funding type: Series B
Getsimpl.com offers a Buy Now Pay Later fintech model through a mobile app. Customers can make purchases online and pay in 3 EMIs, with no extra cost. The platform provides a transparent and convenient checkout experience, with no hidden fees or complicated verification processes.
13. Paga Group Ltd
Paga.com is a leading payments and mobile money company that offers convenient and secure payment solutions in Nigeria. With their API integration, customers can easily send and receive money, pay bills, and request payments.
14. PalmPay
- Website: palmpay.com
- Headquarters: Lagos, Lagos, Nigeria
- Founded: 2019
- Headcount: 501-1000
- Latest funding type: Series A
Palmpay.com is a digital finance company that offers an intuitive digital wallet with account opening, money transfer, and bill payment services. With PalmPay, users can save on fees and earn rewards through discounts and cashback.
15. Satispay
- Website: satispay.com
- Headquarters: Milan, Lombardy, Italy
- Founded: 2013
- Headcount: 201-500
- Latest funding type: Series D
Satispay is a financial technology company that offers a mobile payment solution for businesses and individuals.
16. RecargaPay
- Website: recargapay.com.br
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded: 2010
- Headcount: 201-500
- Latest funding type: Debt Financing
RecargaPay is a payment institution that offers a complete ecosystem of financial services and payments via mobile. With RecargaPay, users can send money, pay bills, recharge mobile phones, and make purchases without the need for a card or bank account.
17. Tap
- Website: auntap.com
- Headquarters: Capital Federal, Buenos Aires, Argentina
- Founded: 2019
- Headcount: 51-200
- Latest funding type: Seed
Tap is a virtual wallet app in Argentina that allows users to manage their money quickly, easily, and securely. Users can pay bills, transfer money, and receive payments instantly.
18. PicPay
- Website: picpay.com
- Headquarters: São Paulo, Sao Paulo, Brazil
- Founded: 2012
- Headcount: 1001-5000
PicPay is a digital wallet and financial technology company that specializes in providing mobile payment and other financial services to customers in Brazil. The company offers several features such as money transfer, bill payment, online shopping, investment opportunities, and loans with high yields.
19. MeaWallet
- Website: meawallet.com
- Headquarters: Lysaker, Akershus, Norway
- Founded: 2013
- Headcount: 51-200
- Latest funding type: Acquired
MeaWallet is a trusted advisor in digital payments solutions, offering token management tools and a tokenization platform. They provide digital payment solutions for banks and merchants, including solutions for OEM Pay, Issuer Pay, Token Control, Push Provisioning, Merchant Tokenization, and more. MeaWallet is focused on helping their customers secure digital payments through the use of tokenization. They work with a variety of customers, including banks, issuers, and merchants, and operate in the digital payments industry. Their offerings include services for tokenized credentials, mobile banking apps, and enabling digital payments through schemes and wallets.
20. Settle
- Website: settle.eu
- Headquarters: Oslo, Oslo, Norway
- Founded: 2010
- Headcount: 51-200
- Latest funding type: Undisclosed
Settle is a mobile payments app that allows individuals and businesses to pay, get paid, manage money, and grow their businesses. Users can access instant credit and make card payments on iPhones. Settle simplifies transactions by using a mobile number as the only requirement. The company provides financial services as an Electronic Money Institution in all EEA states.
21. OneFor
- Website: onefor.com
- Headquarters: Düsseldorf, Nordrhein-Westfalen, Germany
- Founded: 2020
- Headcount: 51-200
- Latest funding type: Seed
OneFor is a money app that enables instant payments anytime and anywhere. It offers a borderless family account with connected debit cards, making it easy to transfer money and stay connected with family. With features like in-app money transfers and a user-friendly interface, OneFor is the go-to choice for hassle-free financial transactions.
22. Beem
- Website: beemit.com.au
- Headquarters: Sydney, New South Wales, Australia
- Founded: 2018
- Headcount: 11-50
- Latest funding type: Acquired
Beem It is a digital payment app that allows users to send and receive money quickly and securely using their mobile phones. It is a convenient way to split expenses, transfer funds between friends and different accounts, and make payments instantly. The app is easy to use and ensures the privacy and protection of user data and money.
Want to find more mobile app payment companies?
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- Ownership: Which of these are private equity backed? Which are family-owned?
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...and a lot more!
