TECHi's Analysis
115 wordsWhile mobile payment services are only just now starting to become popular in the United States, they’ve been wildly popular in Asia for a while. That’s why it’s such a big deal that Apple Pay will be launching in China next year, because even though it’s partnered with several Chinese companies for the launch, Apple’s expansion into China’s mobile payments market probably won’t be nearly as successful as its expansion into the smartphone market. This is because Chinese companies have been spreading their own mobile payments services within the country for a long time, and many people won’t be interested in switching over to Apple Pay.