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Post In:  Case Study

PAYMENTS: The Next Big Wave

By       -   September 23rd, 2015

  • More than a year ago, activist-investor Carl Icahn pushed for a split of eBay and PayPal, saying the payment business on its own could grow to $100 billion. eBay eventually agreed to the split and now some valuation estimates floating for Paypal put it at around $40 billion.

 

  • Globally, the entry of Apple Pay and Google Wallet into the payment business has only added more heft to the story, underlining the huge potential and opportunity for internet disruption.

 

  • In India, where most of the population doesn’t have credit and debit cards, and the mobile phone is fast becoming a tool that brings that and as e-commerce takes off, payment could be next the big business.

 

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