Breaking News

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here! TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025 XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU Speedlink announces illuminated mechanical 60% gaming keyboard

logo

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

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

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

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs
Cooling Systems

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs

The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here!
Enterprise & IT

The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here!

TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025
Enterprise & IT

TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025

XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU
Cooling Systems

XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU

Speedlink announces illuminated mechanical 60% gaming keyboard
PC components

Speedlink announces illuminated mechanical 60% gaming keyboard

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

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