Market Share of United States Mobile Payments Industry
The United States mobile payments market is moderately competitive with the presence of market players such as PayPal Payments Private Limited, Apple Pay, Samsung Pay, Google Pay, Chase Pay, and a few others. The companies are introducing new offerings and continuously investing in making partnerships and acquisitions along with product development to increase the market share.
- June 2022: Samsung has launched the Samsung wallet. This wallet enables users to store digital keyboard passes and identification cards all in one place and enables them to have a single easy-to-use and secure mobile application for all this functionality.
- May 2022: Google pay has launched the 2nd app in the United States named Google Wallet. This wallet will support items such as Payment cards, Boarding passes/transit cards, Loyalty cards, Event tickets, and many more.
US Mobile Payments Market Leaders
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Paypal
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Apple Pay
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Chase Pay
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Cash App
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Google Pay
*Disclaimer: Major Players sorted in no particular order