1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Retail Banking Market Trends
Alternative Payment Solution: Jiffy

Alternative Payment Solution: Jiffy

  • January 2019
  • 14 pages
  • ID: 5026563
  • Format: PDF
  • By GlobalData

Summary

Table of Contents

Search Inside

Alternative Payment Solution: Jiffy

Summary
Jiffy is an Italy-based mobile payment solution developed by SIA in October 2014.It is one of the leading P2P payment solutions in Europe with 5 million users.

The solution allows users to make P2P transfers in real-time on their smartphones. Jiffy allows money to be transferred simply by selecting the recipient from a mobile phone address book.

To make this solution available to customers SIA collaborates with Italian banks, which offer Jiffy as an additional service through their mobile banking apps.Transfers using Jiffy can be made through bank apps once both sender and recipient are registered with Jiffy and have linked their mobile phone number and IBAN code.

In August 2017, Jiffy extended its services for in-store payments.After a successful pilot in Milan and Bergamo, Jiffy has now commercially launched consumer-to-business (C2B) transfers.

This enables its users to make in-store payments in real-time via Jiffy using QR code, geolocation, and NFC technologies.

Jiffy is now supported by over 130 banks, including Banca Mediolanum, BNL, Banca Popolare di Sondrio, Cassa Centrale Banca, Che Banca!, Cariparma, Carispezia, Friuladria, Gruppo Banca Carige, Hello bank!, Inbank, Intesa Sanpaolo, Monte dei Paschi di Siena, Raiffeisen, Sparkasse, UBI Banca, UniCredit, Volksbank Banca Popolare, Widiba, Banca di Asti, and Biver Banca. Jiffy is open to all banks operating in the Single Euro Payments Area - meaning it has a potential user base of over 400 million European current account holders.

The report provides information and insights into alternative payment solution Jiffy including -
- Detailed insight into its business
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The company’s important events and milestones.

Scope
- In October 2014, Jiffy was launched in Italy.
- Jiffy’s P2P money transfer service enables users to send and receive money in real-time using a smartphone.
- In July 2018, Bancomat Pay integrated with Jiffy, allowing users to transfer money between private citizens, purchase goods and services at retail stores, and make payments to central and local administrative bodies.
- In July 2018, SIA collaborated with SEA and UBI Banca, allowing users to pay for parking at Milano Bergamo Airport.

Reasons to buy
- Gain insights into Jiffy’s business operations and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Trade Finance Market by Product Type, Service Providers, and End User: Global Opportunity Analysis and Industry Forecasts, 2019-2026

Trade Finance Market by Product Type, Service Providers, and End User: Global Opportunity Analysis and Industry Forecasts, 2019-2026

  • $ 3840
  • December 2019

Trade Finance Market by Product Type (Supply Chain Finance and Export & Agency Finance), Service Providers (Banks, Trade Finance Houses, and Others), and End User (Exporters, Importers, and Traders): Global ...

Global Digital Lending Platform Market (2019-2025)

Global Digital Lending Platform Market (2019-2025)

  • $ 3600
  • December 2019

The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period. Digital lending platforms are commonly used ...

Fraud Detection and Prevention Market

Fraud Detection and Prevention Market

  • $ 4900
  • December 2019

Fraud Detection and Prevention Market Research Report: By Offering (Software, Service), Deployment Type (On-Premises, Cloud-Based), Enterprise Size (Large Enterprises, SMEs), Vertical (BFSI, Retail, IT ...

The Banking Industry in Kenya 2019 $ 1120 November 2019


ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on