Apple is apparently much better at registering mobile wallet users than its rivals – BGR



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Apple Pay is apparently paying a hefty price for the iPhone maker, according to a new report that shows that there will be 450 million mobile wallet users in just two years – and that Apple will account for about half, 225 million.

Juniper Research's forecast includes mobile payment offers like Apple Pay, Samsung Pay and Google Pay, among others. And he estimates that 1 in 2 users of a mobile wallet solution provided by its original manufacturer will belong to Apple.

Perhaps the most interesting is how Juniper's forecasts show the mobile wallet market by 2020 – in D's after its data, contactless payments will reach $ 2 trillion at this time. moment

Nitin Bhas, author of the research for Juniper, said that market growth over the next five years will continue to be driven by the offers of major players like Apple and Samsung, although Juniper's data also includes offers recently launched by Huawei Pay and Fitbit Pay. The data also shows that contactless payments will reach $ 1 trillion this year for the first time, a year ahead of schedule.

Contactless transactions, according to Juniper, "will continue to be dominated by card payments, driven by strong adoption in Europe as well as in the Far East and China. Contact are the strongest in the Far East, China and the rest of the Asia-Pacific, accounting for nearly 55% of contactless transactional transactions. "

apparently doing the best job of registration of mobile wallet users, especially when you consider the obvious Techcrunch on Juniper data: "What's interesting in this new research report, it's that Apple Pay has so many since it's Android-based smartphones, not iPhones, that dominate the global smartphone market. "

Regarding Apple, this follows last week that eBay will soon accept App the country. This will be done in a limited deployment starting in the fall.

Earlier this year, Loup Ventures also estimated that Apple Pay was being used on just under 20% of active iPhones in the world, and that number would increase over time. This certainly corresponds to Juniper's data thesis – and that's good news in another Apple's earnings announcement Tuesday.

At this point, Apple is putting more emphasis on revenue from its App Store and Apple Pay. Apple's business figure in this category of "services" exceeded $ 9 million in the last publication of the company's results in May, an increase of more than 2 billion dollars over the same period of the previous year. [ad_2]
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