Even though the services may cost less, these new and smaller companies are no match for the current giant. Although the use of mobile payments hasn’t taken off nearly as quickly as many in the industry had hoped or expected, PayPal is still managing to hold its own, and to thrive, particularly when compared to the many startups that have tried to carve their own slice of the market. Even though consumers aren’t using the services very much, the market from the provider side is becoming crowded. Venture capitalists are…
Read MoreMobile payments no fee startups still no competition for PayPal
