Axar.az
UP
21 August 2017


Global mobile payments to reach $620 billions

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto

With major smartphone brands Apple and Samsung making a big entrance into the mobile payment business, the total revenue of the worldwide mobile payment market in 2015 reached US$450 billion, according to the global market research firm TrendForce.

By the end of 2016, the total revenue is estimated to arrive at US$620 billion, representing a massive growth of 37.8% year on year.

Apple Pay and Samsung Pay especially have been scrambling to China, which makes up a huge slice of the mobile payment market. The rival service providers both struck a deal with the government-run Chinese bank-card payment processor China UnionPay earlier this year. Hence, Chinese iPhone and Samsung phone users will be able to make mobile payments this year, provided that their models are of the latest generation with upgraded software.

Date
2016.02.09 / 11:34
Author
Axar.az
Comments
Загрузка...
See also

Japan launches third satellite

Beijing aims to raise a new generation of cyber wizards

Access Key to Infrastructure Data Sold to Highest Bidder

Neo-Nazi website hangs in Dark Web limbo

Anonymous declares war on White Nationalists - Video

Facebook discretely fields China photo-sharing app

Yandex to team up for e-commerce with Sberbank

Google fires employee behind anti-diversity memo

Samsung scion Lee: Prosecutors seek jail - Photo

U.S. judge sets $30,000 bail for UK hacker

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla