The social network giant has got an e-money license from the Central Bank of Ireland, thus allowing its customers in Europe to pay via its Messenger app.
On Monday, the social networking giant unveiled several new Messenger updates that will let customers to make payments without leaving the app.
Mi Pay is launched in collaboration with China UnionPay.
Tim Cook unveiled that the number of monthly active users last month rose more than 450 percent year over year.
Apple Pay’s availability in Switzerland marks the second European launch of the service.
Apple competes with PayPal to offer the best solution for online shoppers.
Samsung Pay follows its main rivals Apple Pay and Android Pay to leverage the Australian market.
The smartphone giant Xiaomi has a large number of existing users so the payment service is expected to grow rather fast.
Although now more than a half of all transactions in stores are conducted with cash, the supermarket chain sees the growing poularity of contactless method.
The Amazon Payments Partner Program is intended to expand the Amazon Payments services to e-commerce platform providers and other developers.
The biggest social network in China registered a 22% increase in its revenues in the fourth quarter of 2015, showing an impressive growth pace.
The search engine company has piloted a new voice-activated app that is expected to make purchases more convenient and quick.