LONDON, Jan. 30, 2017 /PRNewswire/ -- yStats.com report tells of growth of mobile wallets
New payment options such as mobile wallets are the result of rapid growth globally of mobile payments. As detailed in the yStats.com report, even though Apple and Google chose the USA for the initial launch of Apple Pay and Android Pay, respectively, more consumers in the Asia-Pacific region have adapted the use of wallets than in North America and Europe. Samsung Pay, another major wallet provider, was introduced in South Korea slightly ahead of the U.S. launch.
Surveys cited in the yStats.com report show that smartphone owners in emerging markets are more disposed to future use of mobile wallets than mobile users in some advanced economies.
The yStats.com report provides details on the geographic spread of the three "Pays", their main service features, plus some of the leading partnerships with merchants, banks and card networks that support these mobile payment solutions. Charts showing the usage rates and supported features facilitate comparison of the three wallets.
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