Asian Mobile Pays Market Report 2020: Continued High Growth, But U.S. Market Expansion Stalls - ResearchAndMarkets.com
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Friday, September 11, 2020
The "Asian Mobile Pays Continue High Growth, But U.S. Market Expansion Stalls" report has been added to ResearchAndMarkets.com's offering.
Key Points:
- The "Asian Mobile Pays Continue High Growth, But U.S. Market Expansion Stalls" report has been added to ResearchAndMarkets.com's offering.
- Mega payment apps Alipay and WeChat pay have been gaining traction in the U.S. market through availability at thousands of merchants.
- COVID-19 plus trade tensions and politics have put an abrupt end to the stream of travelers from China to the U.S. who would use these acceptance locations with their homegrown mobile apps while on vacations, business trips and traveling to the states for academic reasons.
- Highlights of the report include:
The education that US merchants have received by accepting Chinese mobile app payments, revealing that there are simpler and cheaper ways for them to accept shopper payments