Breaking News

Geometric Future Unveils Model 3 Case, Eskimo Plus 36 AIO, and Squama 3003-12 Fans ZOTAC GAMING Launches GeForce RTX 5080 SOLID CORE OC 20th Anniversary Edition Google Unveils Pixel 11 Series, Pixel 11 Pro Fold, Pixel Watch 5, and Pixel Tag Insta360 Expands Its Content Creation Ecosystem with Flagship X6 8K 360 Camera and Next-Generation Audio Solutions Razer Unveils the Artisan Keycap – Triple-Headed Snake Edition

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Apple Pay Dominates the Mobile Payment Transaction Volume

Apple Pay Dominates the Mobile Payment Transaction Volume

Enterprise & IT Oct 28,2019 0

The proximity mobile payment transactions market in the US is dominated by Apple Pay, followed by Google Pay and Samsung Pay.

Apple Pay’s dominance, as well as increasing retailer adoption of proximity mobile payment technology, is driving transaction volume growth in the US, according to eMarketer's latest forecast.

The research firm estimated US proximity mobile payment transactions will total $98.88 billion in 2019, growing 31.8% to $130.36 billion next year. By 2021, the total transaction value are expected to reach $161.41 billion.

Apple Pay currently captures the largest share of the proximity mobile payment market in the US. eMarketer estimates there will be 30.3 million Apple Pay users in 2019, which makes up 47.3% of US proximity mobile payment users and 13.7% of US smartphone users.

By comparison, Google Pay and Samsung Pay make up 19% and 16.8% of proximity mobile payment users, respectively, and 5.5% and 4.9% of all smartphone users, respectively.

Many US stores accept Apple Pay over other proximity mobile payment platforms, which can explain its dominance. Major retailers—Target, Walmart and Costco—currently accept Apple Pay, though more are moving to also accept Google Pay and others.

“Apple has a strong brand, and its users are likely to try out new services within the Apple ecosystem. That seems to have resonated with US retailers, as Apple Pay is more widely accepted in-store than other major mobile payment providers, even though Apple lags slightly behind Android in the consumer smartphone market,” said Jasmine Enberg, senior analyst at eMarketer.

Tags: Apple PayGoogle PaySamsung Pay
Previous Post
Samsung Introduces the Galaxy XCover FieldPro Rugged Smartphone
Next Post
Alphabet's Investments in Cloud and Newer Businesses Affect Profit Estimates

Related Posts

  • Samsung to Launch Debit Card and Cash Management Accounts to Samsung Pay

  • Apple Says 2019 Was a Landmark Year For Services Including Apple News

  • Google Play's Best of 2019

  • Google Launches the App Defense Alliance to Fight Bad Apps

  • Samsung and Mobeewave Partner to Deploy mPOS Payments Worldwide

  • Samsung Unveils the Samsung Pay Cash Prepaid Card

  • European Banks to Build New Mobile Payment Network

  • eBay Adds Google Pay on its Marketplace Platform

Latest News

Geometric Future Unveils Model 3 Case, Eskimo Plus 36 AIO, and Squama 3003-12 Fans
Cooling Systems

Geometric Future Unveils Model 3 Case, Eskimo Plus 36 AIO, and Squama 3003-12 Fans

ZOTAC GAMING Launches GeForce RTX 5080 SOLID CORE OC 20th Anniversary Edition
GPUs

ZOTAC GAMING Launches GeForce RTX 5080 SOLID CORE OC 20th Anniversary Edition

Google Unveils Pixel 11 Series, Pixel 11 Pro Fold, Pixel Watch 5, and Pixel Tag
Smartphones

Google Unveils Pixel 11 Series, Pixel 11 Pro Fold, Pixel Watch 5, and Pixel Tag

Insta360 Expands Its Content Creation Ecosystem with Flagship X6 8K 360 Camera and Next-Generation Audio Solutions
Cameras

Insta360 Expands Its Content Creation Ecosystem with Flagship X6 8K 360 Camera and Next-Generation Audio Solutions

Razer Unveils the Artisan Keycap – Triple-Headed Snake Edition
Gaming

Razer Unveils the Artisan Keycap – Triple-Headed Snake Edition

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed