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.
Chinese e-commerce giant has unveiled its plans to launch a new service that will let customers to make payments in the virtual world by making hand gestures or nodding their heads.
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.
Walmart Pay is a mobile payment option developed by Walmart and available at its stores.
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.
Making attempts to expand payments globally, Apple Pay has run into technical challenges, low consumer take-up and resistance from banks.
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.
With millions of users all over the world, the mobile payments technology is expected to significantly change and improve the way we pay for products and services.
Gemalto and Worldline are rolling out mobile payments solutions to tap the growing NFC market.