Mobile payments have become a popular and secure alternative to using cash or physical cards for transactions. As a result, tech businesses have started to notice the rise in popularity of mobile payment systems. Seeing the potential for development and profitability of mobile payment systems and technologies, several IT companies are investing in them. Mobile payments are a strategic investment for businesses aiming to increase their customer base and market share because they are also a vital part of the larger digital economy. As mobile payments become a more common part of daily life, it is anticipated that their importance in tech company investments will only increase.