During a recent cab ride on business in China, my driver relayed to me that his riders almost never pay him in cash, and when they do — because it is so rare — he becomes quite suspicious, fearful that they may be paying him with counterfeit bills. Indeed, most people in China don’t carry a wallet at all. There’s no need to carry around cash or credit cards because the vast majority of people in the country pay via apps on their phone, for everything from cabs to food orders to doctor bills, and far beyond.
Vipera (LON:VIP) is a true pioneer; present at the dawn of mobile banking over a decade ago, enabling the first steps taken by banks to provide a smartphone based customer experience.
Today Vipera’s proprietary bank-grade platform Motif powers over 4 million apps across the globe for the world’s leading banks & retailers, enabling mobile banking, mobile payments and mobile marketing at the frontier of market possibilities.
