5.PayPal
PayPal is one of the world’s top mobile payment companies owned by one the most recognized e-commerce companies; eBay. The platform allows customers to securely pay for their online purchases across the world. The company became a world leader in online payment services with over 153 million accounts globally. The PayPal mobile payment platform facilitates e-commerce by providing payment options across 190 markets, languages and 24 currencies. eBay’s e-commerce payment brand was renamed from X.com Corp. to PayPal in 2000. PayPal is able to surpass its competitors mainly because of its extensive acquisitions. As of today, PayPal has acquired 17 companies to boost its online payment business.
6.Square
Founded in 2009 by Jack Dorsey, Square is currently one of the leading mobile payment companies in the United States, Japan, and Canada. The company has grown to become one of the largest online payment companies in a short period of time, surpassing many established brands. The company’s success is attributed to factors including their cutting-edge business model that power small businesses, the elegant hardware and software solutions, and strategic partnerships that boosted their distribution and credibility.
