More than half a billion people just in China will pay for their purchases using mobile phones this year, according to research by Statista Digital Market Outlook.submitted by Itrader_com to u/Itrader_com [link] [comments]
However, as noted in the study, the annual transaction cost per customer in China will be lower than in the United States, the United Kingdom, and France.
Below ITRADER will tell about three countries that are leading in the world in mobile payments:
3rd place: Indonesia
Indonesia is currently experiencing a transformation of online commerce. The population of the region is passionate about the innovation of mobile devices and the expansion of their use.
Therefore, it is not surprising that mobile payments or electronic wallets are considered the most popular payment method in the country.
2nd place: India
The Unified Payment Interface (Unified Payment Interface) launched on April, designed for mobile devices.
Now sending and receiving money will be as easy as sending an e-mail or SMS-message. The National Payment Corporation of India developed the project.
Mobile payments will boost e-commerce and the spread of financial services.
1st place: China
Mobile payments in China have become so commonplace that cash payment now seems something strange.
The Chinese mobile payment market is dominated by two services - WeChat Pay and Alipay. Their active user base is in the hundreds of millions. Bank cards in China have not taken root as in the rest of the world.
However, mobile payments in just a few years have become an integral part of life.
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easyMarkets (previously Easy-Forex) is the trading name of Easy Forex Trading Ltd. – a Cyprus-based brokerage, established back in 2003. It provides its services in over 160 countries worldwide, offering trading in 175 products ranging from currencies, CFDs on indices commodities, metals and Bitcoin, as well as options and forward contracts. Easy-Forexâ„¢ Trading Platform, founded by a group of bankers, Forex and Internet experts, offers Forex traders direct access to the global currency markets. Easy-Forexâ„¢ revolutionary trading platform is the first online FX trading system that allows clients to deal Forex as a consumer product. Easy-forex is a leading online trading provider established in 2003, and it is regulated in Cyprus by the Cyprus Securities & Exchange Commission – CySEC. With more than twelve years of experience, it means it is in the business almost from the online retail trading beginning so an easy forex scam is not possible. Neteller, Skrill, Webmoney, Cashu aswell as Bank Wire and CreditCard/Debit Card Risk Warning: More than 80% of retail investor accounts lose money when trading Forex, CFDs and other leveraged derivatives which is considered a high risk investment since you can rapidly lose money and may not be suitable for everyone. You should consider whether you understand how Forex, CFDs and other leveraged derivatives work and whether you can afford to take the high risk of losing
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