Sentences with phrase «biggest mobile payments market»

And its global turnover is a drop in the bucket in China, where Internet giants Alibaba and Tencent dominate the world's biggest mobile payments market — with an estimated $ 1 trillion worth of mobile transactions last year, according to iResearch data.

Not exact matches

Eckert's comments were echoed by Richard Crone, a researcher who monitors the mobile - payment market, who told Bloomberg that Walmart Pay should be bigger than Apple Pay by the end of next year.

The multi-format conference will cover technology topics such as authentication, advanced sensors, digital and mobile payments, APIs, blockchain, big data and learning machines, as well as case studies and panels in consumer banking, corporate banking, financial markets, and insurance.

Technologies like mobile payment and big data have also helped reform the Chinese market, he added.

«Currently, the digital payment market penetration is only 5 to 10 % percent, so entry of a new player is a big positive,» said Bipin Preet Singh, the founder of Mobikwik, which is another Indian mobile payment system.

If you've been hungry for any big news on the mobile payments market, you better take a seat for this one.

Additionally, Huawei aims to launch most of its high - end device offerings in Europe, with the region being considered by Huawei as a big market and bringing its own mobile payment solution for users there would be a logical step.

With both Android Pay and Samsung Pay already available in European countries, Huawei Pay entering the market would make for more competition for both Google and Samsung, and with Europe being a big market for Huawei as it tends to launch most of its high - end phones within the region, it would make sense for the company to launch its own mobile payment solution for users of its devices there.