Alternet Systems, Inc. (ALYI): Bridging the Gap between Merchants and Consumers via Payment Technology Solutions
Smartphones are attached to everyone’s hip in today’s world. Mobile payment solutions, such as PayPal (NASDAQ: PYPL) and Apple Pay, are being integrated into every new technology that emerges. When you launch an online store, the most important function of the website is the payment option. Today’s world moves at light speed and consumers demand instant gratification to their impulse buying via Amazon (NASDAQ: AMZN), eBay (NASDAQ: EBAY), Alibaba (NYSE: BABA), Craigslist, etc. The contactless payments market is expected to have a value of $9.88 billion by 2018. This market includes payments via mobile handsets, smart cards, and key fobs,…