P2P Payments — Revolution Redefined

Brief history of mobile payments

  • 1998: PayPal is founded.
  • 1999: Thanks to Ericsson and Telnor Mobil, mobile phones could be used to purchase movie tickets.
  • 2003: 95 million cell phone users worldwide made a purchase via their mobile device.
  • 2007: Both the iPhone and the Android operating system are released.
  • 2009: Bitcoin is invented.
  • 2011: Google Wallet is released.
  • 2014: Apple Pay is launched, followed a year later by Android and Samsung Pay.
  • 2020: 90 percent of smartphone users will have made a mobile payment. It’s estimated that by 2021, there will be $80 billion in mobile payment sales.

The changing mobile payments scene

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WhitePigeon Network

WhitePigeon Network

Bridging the gap between consumers and merchants with the help of blockchain technology.