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Google Pay to See Rapid Growth in Users Through 2020, says yStats.com

03-15-2019 06:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: yStats.com GmbH & Co. KG

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“Google Pay Profile 2019” is a new mobile wallet profile published by Germany-based secondary market research firm yStats.com. The publication details the wallet’s features and summarizes its main usage statistics and trends.

More consumers start to use Google Pay
According to the latest figures cited by yStats.com, Google Pay users are growing at double-digit rates. In the USA alone, Google Pay is expected to gain more than 1 million new users in 2019. On the global scale, Google Pay is projected to catch up with Samsung Pay in terms of the number of contactless payment users by 2020. However, the two wallets combined are still expected to have fewer users worldwide than Apple Pay.

Google Pay is increasingly used for online and in-store purchases
Google Pay supports a variety of payment channels, including in-store, online and P2P, reports yStats.com. In E-Commerce, the mobile wallet already achieved a one-digit share of payment transactions in Europe and the USA. Furthermore, in Australia, Google Pay is the fourth most used mobile payment solution in-store, having gained several percentage points in consumer usage between 2017 and 2018.

For further information, see: https://www.ystats.com/wp-content/uploads/2019/03/2019.03.12_Product-Brochure-Order-Form_Apple-Pay-Profile-2019.pdf

About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats

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