8 Israeli tech trends for 8 crazy nights: Payments (8/8)

We’re celebrating Hanukah in Israel right now and given all the fun and festivities going on, we thought it would be a good time to look back over the past few months and highlight some of the tech trends we’re seeing in startup land in the Startup Nation. As a caveat, these trends are based upon our deal flow – what we’re seeing on the ground. So, Happy Hanukah and enjoy. >>Read about all the top Israel technology trends this holiday season<< :::::::::::::Payments::::::::::::: The problem: Payments are moving away from traditional point-of-purchase and onto mobile devices, into the cloud, and within software. The technology and transactional ecosystem have to migrate from hardware to software (or at least a mix of the two). Solutions: Israeli companies aren’t focused on taking on core merchant payments the way a Square is but are more focused on niche parts of the market. Digimo: While lots of new payment players are basing their solutions on new hardware  — like terminals or NFC — Digimo uses existing payment infrastructure and enables mobile payments with an interesting twist...

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