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Apple Pay outshines Google’s and Samsung’s mobile wallets, reveals yStats.com

03-19-2019 04:09 PM CET | Business, Economy, Finances, Banking & Insurance

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

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A new publication from Germany-based secondary market research specialist yStats.com, “Mobile Wallet Profiles 2019: Apple Pay, Google Pay and Samsung Pay,” summarizes the latest usage figures and projections for the three mobile wallets. The report reveals that Apple is expected to maintain its lead over Google and Samsung in terms of number of users worldwide.

Growing usage figures expected for Apple Pay, Google Pay and Samsung Pay
The number of mobile wallet users of Apple, Google and Samsung’s payment services is projected to remain on the growth path through 2020. Apple Pay maintains the lead on the global scale, while in specific markets the ranks might differ. For example, Samsung Pay was the top mobile wallet in South Korea in terms of the overall transaction volume in 2018, according to statistics cited by yStats.com. In both Russia and Turkey, Google Pay was used more intensively for online purchases than Apple Pay. In the U.S., all three were outranked by PayPal’s app for in-store mobile payments, with Apple Pay as a close second.

The three Pays continue to expand coverage and services
Overall, all three wallets covered in the yStats.com report continue to grow internationally as they add new markets. Europe and North America are the most covered regions in terms of the services’ availability, while Latin America and Africa remain largely untapped. In Asia-Pacific, Apple, Google and Samsung face rivalry from popular local providers such as Alipay, Paytm and LINE Pay. To strengthen their competitive edge, the companies are constantly adding new features and services to their mobile wallets.

For further information, see: https://www.ystats.com/wp-content/uploads/2019/03/2019.03.18_Product-Brochure-Order-Form_Mobile-Wallet-Profiles-2019_Apple-Pay_Google-Pay_Samsung-Pay.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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