Whenever you pay for a bus ticket online through PayPal, Google Wallet or even just your credit card, you’re using FinTech.

Every time you make an online transaction through your bank of choice smartphone app, you’re also using FinTech.

What FinTech stands for is, quite simply, “Financial Technologies”. It is the use of technology to deliver financial services and products to consumers; the web that weaves between cloud-conducted financial transactions and processes.