Market Research Report
Global Mobile Payment Methods 2020 and COVID-19's Impact
|Published by||yStats.com GmbH & Co. KG||Product code||940397|
|Published||Content info||167 Pages
Delivery time: 1-2 business days
|Global Mobile Payment Methods 2020 and COVID-19's Impact|
|Published: June 5, 2020||Content info: 167 Pages||
"Mobile payment adoption accelerates during COVID-19."
One-fifth of consumers surveyed internationally amid the coronavirus outbreak believed contactless payments to be a cleaner alternative to other payment means such as cash, according to the yStats.com report. As a result, proximity mobile payment users are on the rise, with pre-coronavirus projections estimating their number at more than 1 billion in 2020.
Another finding of the yStats.com report is that consumers vary when it comes to choosing a payment method in a mobile store. In Poland, the top payment choice of mobile shoppers is a fast transfer service like Prezelewy24 and PayU, while consumers in Brazil would opt for credit cards or Boleto Bancario. Furthermore, according to the yStats.com report, China is a global leader when it comes to mobile payment adoption. The vast majority of connected consumers in this country use Alipay, WeChat Pay, or both, to settle their transactions both in-store and online.
Asia-Pacific, Europe, North America, Latin America, Middle East & Africa.
Alphabet Inc, Amazon.com Inc., Ant Financial Services, Apple Pay Inc, Getswish AB, GoJek, Grab Holdings Inc, Kakao Corp., LINE Corp., Mastercard Inc, Naver Corp., PayPal Holdings Inc, PayPay Corp., Paytm E-Commerce Pvt Ltd, PS Yandex Money LLC, Rakuten Inc, Samsung Electronics Co. Ltd., Tencent Holdings Ltd, Visa Inc.