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
Alibaba said its sales for Singles» Day
last year surpassed $ 2 billion in the first hour — including more than $ 1 million in Alipay
transactions in the first 18 minutes — and 45.7 percent of first - hour sales were via
mobile.
Now, around the same time the volume of
transaction on
mobile money grew from about 51.4 billion in 2016 to 109 billion cedis as at September
last year which represented a whooping 112 percentage growth.
GreenAddress (and its reimplementation GreenBits), the Bitcoin wallet that was acquired by blockchain infrastructure company Blockstream
last year, is the first
mobile wallet to offer Segregated Witness (SegWit)
transactions.
That business model proved quite successful, especially this
last year as Braintree began to focus more on
mobile transactions and branched out overseas.