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Chinese mobile payments 50 times larger than US

Chinese consumers made mobile payments worth $5.5 trillion in 2016, compared to the US’s $112 billion market, a new study has found.

  • Tech trends

3 out of 4 Apple Pay transactions happen outside the U.S.

Only a quarter of Apple Pay transactions come from its native US, according to Apple’s CFO Luca Maestri.

  • Customer Experience

Android Pay launches in Russia and other countries

The contactless payment service has also begun to be accepted in four other countries; Taiwan, Spain, Brazil, and Canada.

  • Tech trends

Alipay and Wechat payments reach almost $3 trillion

Alipay and WeChat Pay facilitated a total of $2.9 trillion in digital payments in China last year.

  • Tech trends

Apple Pay transactions up by 450%

The volume of transactions using Apple Pay has increased 450% with the service now available via 20 million locations globally.

  • Tech trends

US mobile payments forecast to increase 80% by 2020

US in-store mobile payment volume will reach $75 billion this year, according to a new report.

  • Customer Experience