“Asia-Pacific Top 10 Mobile Wallet Profiles 2019” is a new publication from Hamburg-based secondary market research specialist yStats.com. The report summarizes the latest market figures for mobile payments in Asia-Pacific and details the profiles of the 10 leading mobile wallet services. Read more here: https://www.ystats.com/mobile-wallets-flourish-in-asia-pacific-says-ystats-com/ Find the report here: https://www.ystats.com/market-reports/asia-pacific-top-10-mobile-wallet-profiles-2019/

1. PRESS RELEASE
Hamburg, March 28th
, 2019
Asia-Pacific’s mobile wallet market expands, according to a new report by
yStats.com
“Asia-Pacific Top 10 Mobile Wallet Profiles 2019” is a new publication from Hamburg-based secondary market research
specialist yStats.com. The report summarizes the latest market figures for mobile payments in Asia-Pacific and details the profiles of
the 10 leading mobile wallet services.
Asia-Pacific tops the world in mobile wallet adoption
Asia-Pacific has the world’s highest mobile payment user penetration, surpassing 50% of smartphone users in 2019, according to the
market data cited by yStats.com. The largest market in the region, China, has more than half a billion of mobile wallet users and continues to
grow. The top competitors in this country include Alipay and WeChat Pay, which combined, processed the lion’s share of transaction value in
2018. Another mobile leader, India, is also expected to see strong growth reflected in the doubling of the value of mobile wallet payments by
2021.
Local mobile wallet solutions are growing across the region
In addition to Alipay and WeChat Pay, other local competitors have emerged to tap into mobile wallets’ growth in Asia-Pacific. These
include Paytm and PhonePe in India and GrabPay and GO-PAY in Southeast Asia, described in the yStats.com report. Furthermore, consumers in
Japan are also starting to adopt innovative mobile payment methods offered by companies such as Rakuten and LINE.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/03/2019.03.25_Product-Brochure-Order-Form_Asia-Pacific-Top-10-Mobile-Wallet-
Profiles-2019.pdf
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Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to
providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
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expertise in the areas of B2C E-Commerce and Online Payment.