Fintech firms and mobile operators are better equipped to handle micropayments

 

New services brought about by fintech firms are revolutionising the economy. It should be noted that mobile operators also have a great role to play in the introduction of innovative payment services. For instance, thanks to their technology, consumers are able to process micropayments more easily. These are small financial transactions conducted on the Web. They are usually leveraged to purchase games or DLCs or to settle subscription fees. As experts advance, network service providers already have the experience needed to manage microtransactions.

Micropayments are small transactions ©Royalty-free image