With the continuous improvement of Internet platform mobile payment, the mobile payment industry is becoming more and fax number database more lively. The author of this article sorts out the development background of the giants entering the mobile payment business, and analyzes and discusses the future development of mobile payment to share with you. According to the data of the Prospective Industry Research Institute, in 2019.
The market size of third-party payment in my country has reached 250 trillion yuan, with an average annual compound growth rate of 74%. According fax number database to forecasts, in 2025, the market size of my country's third-party payment industry will reach 530 trillion yuan. Online payment is a huge market. From the perspective of the transaction structure of third-party payment, the fastest growing segment of online payment is mobile payment.
Benefiting from the development of smartphones, mobile Internet and e-commerce, mobile payment has replaced banks in the current domestic fax number database transaction market. Cards and cash have become the main payment methods for online and offline payments. In the current domestic mobile payment market, Alipay and WeChat have formed an oligopoly, but there are still countless players trying to enter the mobile payment track: In 2020, Pinduoduo acquired Pay Pass, and in January 2021, Pinduoduo affiliates added a new trademark application for "Pinduoduo Pay";