As the IoT (internet of things) transformation permeates through the U.S. economy, mobile telecom carriers have the opportunity to reshape the hospitality and retail industries through 5G networking combined with mobile video, smartphone payments, tablet-based point-of-sale, cellular powered digital-signage and wireless broadband connectivity. According to Ericsson’s research, 5G is expected to be a critical enabler of virtual reality and augmented reality technology.
Founded in 2003, Mi-Pay Group plc (LON:MPAY) delivers fully outsourced online and related payment and fraud management solutions to digital ecommerce clients, primarily in the mobile and digital content sector. Its product offering provides the infrastructure to enable pre-paid mobile devices to be topped up via a variety of channels such as websites, mobile applications and social media applications and customers include Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MNVOs), additionally managing and indemnifying the data security and payment fraud risks. Mi-Pay sells, integrates and operates its products and solutions on a global basis.