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(Medical-NewsWire.com, August 26, 2016 ) Insight Report: Competition in Mobile Payments - Apple Pay, Samsung Pay, Android Pay, Alipay and PayPal' analyzes the competitive landscape of the mobile payments industry. The report also discusses in detail the key success factors for a mobile payment solution to gain market traction, and where the current solutions stand.
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Developments such as integration of payments into products offered by consumer technology companies, and expansion of contactless technology are encouraging growth in in-store proximity mobile payments. At the same time, the emergence of one-touch checkout buttons, peer-to-peer payments and the rise of sharing economies have created new opportunities for remote mobile payments.
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Apple Pay, followed by the launch of Samsung Pay and Android Pay, has received overwhelming media attention due to its brand recognition. Industry pundits see these events as major milestone in mobile payments. Domestic banks are also expected to become serious contenders in their home markets due to the availability of cost-effective and secure technology such as tokenization and cloud-based host card emulation.
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Report Summary
Insight Report: Competition in Mobile Payments - Apple Pay, Samsung Pay, Android Pay, Alipay and PayPal' explores the changing landscape of mobile payments.
It also:
- Analyzes the key business models in mobile payments
- Analyzes the key success factors for mobile payments
- Discusses the competitive landscape
- Explores challenges and the outlook for major competitors
- Examines the future prospects of the mobile payments industry
Report Scope
This report:
- Provides comparative analysis of various business models in the mobile payments industry
- Analyzes key drivers for creating a successful product
- Analyzes key competitors in remote and proximity mobile payments
- Provides the outlook for major competitors
- Discusses the future of the mobile payments industry
Reason to Buy
- Understand the current market dynamics of the mobile payments industry.
- Analyze changing business models and explore future possibilities of partnerships.
- Understand the competitive threats from new market entrants, and emerging opportunities.
- Gain insights into key success factors, and examine whether products and services are aligned accordingly.
- Learn about the prospects for the mobile payments industry.
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Source: EmailWire.Com 
Source: EmailWire.com
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