The total revenue of the worldwide mobile payment market in 2015 has reached USD 450 billion, and by the end of 2016 is estimated to arrive at USD 620 billion, a recent report shows.
The National Payments Corporation of India (NPCI) will launch Unified Payment Interface (UPI) that will enable transactions between mobile apps of different banks by bringing about interoperability.
Optus has launched a range of accessories for its Cash by Optus platform, which turns smartphones into payWave-compatible device for cashless payments under USD 100.
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