Electronic money providers double over past two years

  Image Source: Article

Image Source: Article

The number of companies providing e-money services has more than doubled since 2013.

Research by financial services regulatory consultancy Bovill found that the number of providers of electronic money – where money is stored electronically on online payment accounts or pre-paid cards, dubbed e-money – has risen from 38 in 2013 to 79 by the end of 2015.

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