Mobile payment service is quite common in today’s fast-moving world. People haven’t seen cash for years because they have been doing all the transactions digitally with the help of mobile payment services.
Rather than paying with cash, cheque, or credit cards, people can use a mobile device to pay for a variety of services and digital or even hard goods. Mobile payment is being followed all over the world in various methods.
Meanwhile, the first patent exclusively defined “Mobile Payment System” was filed in the year 2000. Now in this article, we will take a look at the most popular mobile payment services in the world.
5. Amazon Pay
Amazon Pay is one of the popular mobile payment services in the world. It is nothing but an online payment service that makes checkout on your webst site fast and secure for hundreds of millions of Amazon customers across the world. For the unversed, Amazon Pay has 183 million users.
PayPal is one of the most popular mobile payment services in the world. It is also one of the largest online payment processors in the world. Paypal is fourth on the list in terms of most users across the world. The American multinational financial technology company has 458 million users.
Google Pay is a mobile payment service which was developed by Google. It lets the customers make payments online with Android phones, tablets or even watches. Users can pay and receive money quickly using their existing bank accounts. Gpay has 757 million users across the world.
2. Apple Pay
Apple Pay is one of the world’s popular mobile payment services founded by Apple Inc. It lets customers make payments in person, in iOS apps, and even on the web. Moreover, it is supported on Apple devices such as iPhone, Apple Watch, iPad, and Mac. Apple Pay has 808 million users across the world.
Alipay is the most popular mobile service portal in the world. It is a third-party mobile and online payment platform, set up in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. Alipay has 1,671 million users across the world.