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Apple Pay’s first large-scale promotion in China intensifies its competition with Alipay and WeChat Pay
The size of Apple Pay’s share in the mobile payments market in China will depend on how well Apple Pay fits the needs of the local market and how substantial an investment Apple and its partners are prepared to make. Apple launched its first large-scale marketing campaign targeting Apple Pay consumers in mainland China between [...]
The post Apple Pay’s first large-scale promotion in China intensifies its competition with Alipay and WeChat Pay appeared first on Payments Cards & Mobile.
Mobile payments market is projected to grow at a CAGR of 33.4%
The mobile payments market is projected to grow at a CAGR of 33.4% from 2016 to 2022 and reach $3,388 billion by 2022. Mobile payment refers to the payment for goods or services or transfer of money through mobile/smartphones. The mobile payment industry has evolved over the past decade with big brands entering the market [...]
The post Mobile payments market is projected to grow at a CAGR of 33.4% appeared first on Payments Cards & Mobile.
