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This framework has been employed in a comparative case study between monopolistic (i.e., Pingit) and federated (i.e., Paym) mobile payment platforms to. Payments Cards & Mobile is the go-to market intelligence hub for global payments news, research and consulting. Network Processing: Charges fees from issuing and acquiring banks for operating the network, brand promotion, payment and security standards.
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Both mobile payment platforms are guarding their content layer by isolating it from third parties. For each layer, we will describe the layer dynamics and their underlying competitive principles. Converting one currency to another is entirely different. A few years have gone by, and in efforts to be legitimate the professional ones are conforming to existing banking laws to facilitate the ease of converting between currencies and bitcoin. We find the preceding definition to be amenable to this study because as emphasized above, digital platforms should not be construed merely as monolithic artifacts, but rather, as the embodiment of both modular and layered architectures.