30.05.2017 14:11 Uhr, Quelle: 9to5Mac

Comment: China shows the future of mobile payment as it hits more than 50% of GDP

Listening to some of the Apple Pay stats put forward by the company, you might get the impression that the payment method is taking the market by storm. In Apple’s Q1 2017 earnings call, Tim Cook told us that the number of Apple Pay users tripled year-on-year, and that transaction volumes increased by 500%. In Q2, we finally got some actual numbers, at least for the US: a total of 4.5M transactions to date. But while these are big numbers, they are still a drop in the ocean given that total card transactions are numbered in the tens of billions each year. Viewed in this light, Apple Pay accounts for a fraction of a percent of all card purchases. However, if you want to see the potential of mobile payments, you need look no further than China … more…

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