Free List Of Top 10 Mobile Payment Security Companies

Mobile payment security has become an essential aspect of modern retail operations, ensuring the safety and privacy of consumer transactions. The use of mobile payment methods has surged in recent years, prompting the need for robust security solutions to protect sensitive financial information. In the United States, several companies have emerged as leaders in the mobile payment security sector, offering innovative technologies and comprehensive solutions to safeguard transactions. This article provides an overview of the top 10 mobile payment security companies in the US, highlighting their sector, founding year, annual revenue, and a brief description of their offerings.

Introduction

As the retail industry continues to embrace mobile payment technologies, the security of these transactions remains a top priority for businesses and consumers alike. The rise of mobile payment platforms, including digital wallets and contactless payment methods, has created new opportunities for convenience and efficiency in retail transactions. However, this shift has also raised concerns about the potential vulnerabilities and risks associated with mobile payment systems. In response, mobile payment security companies have developed advanced tools and strategies to protect against fraud, data breaches, and other security threats. By partnering with these leading security providers, retailers can instill confidence in their customers and ensure the integrity of their payment processes.

Top 10 Mobile Payment Security Companies in the US

1. Company: Verifone

– Sector: Payment Processing

– Year Founded: 1981

– Annual Revenue: $1.8 billion (2019)

– Description: Verifone offers secure payment solutions for retailers, including point-of-sale (POS) systems, mobile payment devices, and encryption technologies. The company’s products are designed to protect cardholder data and prevent unauthorized access to payment information.

– Website: [Verifone](https://www.verifone.com/)

2. Company: First Data Corporation (Fiserv)

– Sector: Financial Services, Payment Processing

– Year Founded: 1971

– Annual Revenue: $12.5 billion (2019)

– Description: First Data Corporation, now a part of Fiserv, provides a range of payment security solutions, including encryption, tokenization, and fraud detection services. Their offerings aim to secure the entire payment process and shield sensitive data from potential threats.

– Website: [Fiserv](https://www.fiserv.com/)

3. Company: Square

– Sector: Financial Technology

– Year Founded: 2009

– Annual Revenue: $9.5 billion (2019)

– Description: Square offers a comprehensive ecosystem of payment and point-of-sale solutions, including hardware and software designed to safeguard transactions. The company emphasizes simplicity and security in its approach to mobile payment processing.

– Website: [Square](https://squareup.com/)

4. Company: PayPal

– Sector: Financial Technology

– Year Founded: 1998

– Annual Revenue: $17.77 billion (2019)

– Description: PayPal is a leading provider of online payment services, offering secure mobile payment solutions for businesses and consumers. With advanced encryption and fraud prevention capabilities, PayPal prioritizes the security of digital transactions.

– Website: [PayPal](https://www.paypal.com/)

5. Company: CyberSource (a Visa company)

– Sector: Payment Security, Commerce Services

– Year Founded: 1994

– Annual Revenue: Not disclosed

– Description: CyberSource, a subsidiary of Visa, specializes in payment management and fraud prevention solutions for e-commerce and in-store transactions. The company’s security tools are designed to authenticate and protect sensitive payment data.

– Website: [CyberSource](https://www.cybersource.com/)

6. Company: Apple Pay

– Sector: Technology, Mobile Payments

– Year Founded: 2014

– Annual Revenue: Not disclosed

– Description: Apple Pay offers a secure and private way to make payments using Apple devices. With tokenization and biometric authentication features, Apple Pay prioritizes the confidentiality and integrity of mobile transactions.

– Website: [Apple Pay](https://www.apple.com/apple-pay/)

7. Company: Google Pay

– Sector: Technology, Mobile Payments

– Year Founded: 2011

– Annual Revenue: Not disclosed

– Description: Google Pay provides a secure platform for making contactless payments and managing financial transactions. The service leverages advanced security protocols to protect user data and ensure the safety of mobile payments.

– Website: [Google Pay](https://pay.google.com/)

8. Company: Samsung Pay

– Sector: Technology, Mobile Payments

– Year Founded: 2015

– Annual Revenue: Not disclosed

– Description: Samsung Pay offers a secure and convenient way to make mobile payments using Samsung devices. The platform incorporates multiple layers of security, including tokenization and biometric authentication, to safeguard transactions.

– Website: [Samsung Pay](https://www.samsung.com/us/samsung-pay/)

9. Company: Mastercard

– Sector: Financial Technology, Payment Services

– Year Founded: 1966

– Annual Revenue: $16.88 billion (2019)

– Description: Mastercard provides robust payment security solutions, including tokenization and authentication features, to protect cardholder data across digital and physical transactions. The company’s technologies aim to enhance the safety and reliability of mobile payments.

– Website: [Mastercard](https://www.mastercard.us/)

10. Company: Visa

– Sector: Financial Technology, Payment Services

– Year Founded: 1958

– Annual Revenue: $23 billion (2019)

– Description: Visa delivers secure and scalable payment solutions, leveraging advanced encryption and fraud prevention capabilities to protect cardholder information. The company’s focus on security reinforces trust in mobile payment experiences.

– Website: [Visa](https://usa.visa.com/)

To conclude

The growth of mobile payment technologies has reshaped the landscape of retail transactions, offering unprecedented convenience and efficiency for consumers and businesses. However, ensuring the security and integrity of these transactions is paramount to fostering trust and confidence in the mobile payment ecosystem. The top 10 mobile payment security companies in the US are at the forefront of developing innovative solutions to mitigate risks and protect sensitive financial information. By partnering with these industry leaders, retailers can embrace mobile payment technologies with the assurance that robust security measures are in place to safeguard their transactions and customer data.