Challenges of Remote Mobile Payments - Firsthand insight on Bank of Valletta’s new m-Payment service: BOV Mobile Pay
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In the close future, smartphones are likely to gradually alter into a ubiquitous payment platform/device, used both for remote and proximity payments. Due to the difference and fragmentation of the existing technologies, the mobile payments segment is in a continuous transforming phase: it is still a question which technology (NFC or remote payment) will grab lands.
Bank of Valletta has already taken a huge step ahead: they've just launched their brand-new mobile payment service, called BOV Mobile Pay. With BOV Mobile Pay, the bank gives clients a convenient and simple way to make peer-to-peer payments anytime, anywhere.
Mr. Gabor Gyenes, Product Manager of IND Group
Mr. Ivo Camilleri, Executive Head e-Banking of Bank of Valletta