Latest Insight Report on Competition in Mobile Payments - Apple, Samsung, Android, Alipay and Paypal

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Synopsis

'Insight Report: Competition in Mobile Payments – Apple Pay, Samsung Pay, Android Pay, Alipay and PayPal' analyzes the competitive landscape of the mobile payments industry. The report also discusses in detail the key success factors for a mobile payment solution to gain market traction, and where the current solutions stand.

Developments such as integration of payments into products offered by consumer technology companies, and expansion of contactless technology are encouraging growth in in-store proximity mobile payments. At the same time, the emergence of one-touch checkout buttons, peer-to-peer payments and the rise of sharing economies have created new opportunities for remote mobile payments.

Apple Pay, followed by the launch of Samsung Pay and Android Pay, has received overwhelming media attention due to its brand recognition. Industry pundits see these events as major milestone in mobile payments. Domestic banks are also expected to become serious contenders in their home markets due to the availability of cost-effective and secure technology such as tokenization and cloud-based host card emulation.

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Summary

'Insight Report: Competition in Mobile Payments – Apple Pay, Samsung Pay, Android Pay, Alipay and PayPal' explores the changing landscape of mobile payments.

It also:

Analyzes the key business models in mobile payments

Analyzes the key success factors for mobile payments

Discusses the competitive landscape

Explores challenges and the outlook for major competitors

Examines the future prospects of the mobile payments industry

Scope

This report:

Provides comparative analysis of various business models in the mobile payments industry...