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Apple Pay and Samsung Pay will continue to be challenged by the emergence of wallets with QR codes
Contactless spend has now reached £9 billion across the same period. In comparison contactless payments hit the £10 billion mark for the whole of 2016
Online shoppers will account for 40.1 per cent of transactions, 27.9 per cent of it will be from mobile devices
The contactless payment service is available in seven countries, with a UK release expected by the end of this year
Google’s contactless payment service launches a year after Apple’s
The mobile contactless payment service has already been available in the US since September
According to figures from accountancy firm KPMG, the number of mobile banking users will hit 1.8 billion by 2019
CEO Tim Cook rejects reports Apple Watch sales have plummeted since April launch
Tech giant’s new service will significant boost a market that had been under the radar
Californian manufacturer’s customers can use payment service at more than 250,000 locations