MPAY featured in Bankieri Magazine

5 October 2012

As the world is thriving with all sorts of mobile payment solutions, from Kenya’s traditional MPesa to the Western developments of ultra-high-tech mobile contactless payments, Albania has slightly lagged behind. During 2011 and despite the global overall poor financial environment, this industry kept growing with mobile payment revenues amounting to US$ 47.2 billion. True, Albanians may still be marginally unfamiliar with mobile payments, but the global trend is about to become a reality even in the tiny Balkans country. Recent market developments and the gradual evolution in the banking industry, mobile network operators (MNOs) and the merchants’ ever growing needs for increased payment efficiency call for the development of innovative, smart, secure and convenient solutions.

Below you may find the original publication.