Today, 17% of the consumers are using mobile payments in the US, 24% in the UK and 27% in Australia. But in 2015, Google and Samsung launched their own mobile wallets. Since that time it is possible to turn your mobile device into a credit card, which is a simple, quick and secure way to pay.īusiness Insider’s research service, expects in-store mobile payment volume to grow from $75 billion in 2015 to $503 billion in 2020, knowing that Apple Pay transactions are up 500% year on year, and the number of transactions in only september was the same number as the full fiscal year of 2015. In 2014, Apple was the only major mobile wallet on the market.
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