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Articles

Mobile Payment, an Emerging Sector of the Dutch IT Industry

Written by: Bridgewest

The Netherlands has one of the most developed internet infrastructures in Europe which is why online payment methods have also become quite popular among the country’s residents. With a great purchase power, the Dutch population is also keen on new technology and most of the citizens have one or two smartphones which enables more mobile payments, according to the Telecompaper’s Dutch Apps Market report. Foreign investors who want to start a business in the IT sector in this country can rely on our Dutch company formation services.

Approximately 2 million Dutch phone owners use mobile payment apps

The good internet infrastructure does not only ease the life of Dutch citizens, but is also enables them to complete a series of actions directly from their mobile phones, such as paying for the goods or services they purchase directly from phone applications. According to the report issued by Telecompaper, there are almost 2 million mobile payment app users in the Netherlands and 1 in 6 smartphones belonging to a Dutch resident has a payment app installed on it. This is how mobile payments have doubled in the last year.

The population does not only use payment apps, but also health and communication applications they use more often than others.

Foreign investors who want to invest in the telecom or IT industries can get support from our company registration representatives in the Netherlands if they want to register companies.

The development of the mobile apps sector in the Netherlands

With a skilled labor force especially in the IT sector which is doubled by special areas, such as Westholland, the mobile app branch of this industry has developed quite a lot during the last several years.

IT companies in the Netherlands develop applications related to every day-to-day activity of people which is why they are registering such a great success. From the above mentioned mobile payment and health apps to cybersecurity and gaming applications, Dutch companies address the needs of both young and older segments of the population.

If you want to start a business in the information technology industry and need information on the legislation applicable in this sector, please contact our company formation agents in the Netherlands.

 

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