Asia-Pacific region leads worldwide move to mobile payments: yStats.com report

Germany-based research firm yStats.com's new report, "Global Mobile Payment Methods: Full Year 2017" details the rapid growth of mobile payments worldwide, led by consumers in Asia.
By: yStats.com
 
HAMBURG, Germany - Aug. 9, 2018 - PRLog -- The growing penetration of smartphones has led to the increased use of these mobile devices to pay for goods and services, both online and in-store. Leading this move to mobile payment are shoppers in the Asia-Pacific region, especially China. Over two-thirds of consumers in China with web-linked devices use mobile payment services such as Alipay and WeChat Pay, according to the yStats.com report. South Korea is another Asian nation where mobile payments are widely used.
Other regions of the world also are seeing the spread of mobile payments. Latin America follows Asia-Pacific in mobile payment adoption, with the Middle East and Africa in 3rd place, as ranked in a source cited in the yStats.com report. Acceptance in Europe and North America trail the emerging markets, but mobile payment usage is also spreading among consumers and merchants in these mature economies.
For further information, see: https://www.ystats.com/wp-content/uploads/2018/07/2017.07.24_Product-Brochure-Order-Form_Global-Mobile-Payment-Methods_Full-Year-2017.pdf
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

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