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FinTech

TitleFinTech
AuthorICEX- Invest in Spain
LanguageEnglish
PublisherICEx- Invest in Spain
Edition date01|02|2017
Pages3
SummaryThis consists of the development of financial services based on technological innovation.(1) Foremost among them is the new payment services like Paypal's online payment system, which offers the possibility of doing business on the Internet, such as buying products, payment for services and receiving money through the connection of a PayPal account to a bank account or a credit card; and NFC (Near Field Communications) technology which allows purchases to be made my placing a mobile telephone near a payment terminal, without making contact. There are also other ways to try to facilitate transactions through the use of technology. For example, card readers for mobiles that resemble existing traditional card payment terminals in the way that they are used.
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