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Press release content from Business Wire. The AP news staff was not involved in its creation.

Mobile Wallet Profiles 2019: Apple Pay, Google Pay and Samsung Pay - ResearchAndMarkets.com

April 9, 2019

DUBLIN--(BUSINESS WIRE)--Apr 9, 2019--The “Mobile Wallet Profiles 2019: Apple Pay, Google Pay and Samsung Pay” company profile has been added to ResearchAndMarkets.com’s offering.

Apple Pay outshines Google’s and Samsung’s mobile wallets

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. 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 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.

Questions Answered in this Report

  • Which of the three Pays has the largest number of users worldwide?
  • Which mobile wallet is leading in terms of country coverage?
  • How do Apple Pay, Samsung Pay and Google Pay rank compared to other payment services in different countries?
  • What features and services do the three wallets support and how do they differ?

Key Topics Covered:

1. Mobile Wallet Profiles

1.1. Apple Pay

1.2. Google Pay

1.3. Samsung Pay

2. Usage Statistics

2.1. Global

2.2. North America

2.3. Europe

2.4. Asia-Pacific

Companies Mentioned

  • Alipay
  • Alphabet Inc
  • Apple Inc
  • Google
  • LINE Pay
  • PayPal
  • Paytm
  • Samsung Electronics Co Ltd

For more information about this company profile visit https://www.researchandmarkets.com/r/179291

View source version on businesswire.com:https://www.businesswire.com/news/home/20190409005940/en/

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SOURCE: Research and Markets

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