WeChat Pay Archives - Market Mad House

daniel September 25, 2018 05-md-01720, Is Visa (V) Making Money?, Is Visa (V) stock Undervalued?, MasterCard (NYSE: MA), s Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, The Real Value at Visa (V), Visa (NYSE: V), Visa (V), Visa (V) is the World’s Largest Payment Platform, Visa (V) will grow with the Middle Class, WeChat Pay

Is Visa (V) Making Money?

Visa (V) is the world’s largest payment platform. To demonstrate Statista reports there were 755 million Visa cards in circulation worldwide in 1st Quarter 2018. In particular, there were 342 million Visa cards in the United States in 1st Quarter 2018.

In contrast Statista estimates there were 244 million PayPal (NASDAQ: PYPL) accounts worldwide in 2nd Quarter 2018. Correspondingly, Statista estimates there were 127 million Apple Pay users worldwide in 2017. Importantly, many of these Apple Pay users are making payments with Visa through Apple Pay.

Therefore, Visa (V) has a vast advantage over any potential competitor. Its platform is almost six times as large as Apple Pay and over three times as large as PayPal’s.

Opportunities

daniel September 4, 2018 Alipay, Alphabet (NASDAQ: GOOGL), Google Pay, Google Tez Becomes Google Pay, Google Tez., PayPal (NASDAQ: PYPL), PayPal works through Google Pay., QR Code, QR Code is More Popular than NFC Payment, Tez, Walmart Pay, WeChat Pay, Why Apple Pay and PayPal will Adopt QR Code, Will Google Pay add QR Code?

Google Tez Becomes Google Pay

The Tez rebranding is likely to convince Walmart not to accept NFC payments. Instead, Walmart will demand that Alphabet and Apple adopt QR Code.

Google Pay is likely to roll out QR Code in the United States. That will force Apple (NASDAQ: AAPL) to add QR code to Apple Pay. A natural consequence of Google Pay QR Code is PayPal adopting QR Code. The addition of QR Code to Venmo is inevitable too.

The tech giants will have to go along because Walmart is on track to generate $500.34 billion (half a trillion dollars) in revenues in 2018, Statista forecast. Access to that revenue is probably what convinced Alphabet to add QR Code to Google Pay.

Grocery Wars

daniel March 28, 2018March 28, 2018 Alibaba (NYSE: BABA), Alipay, Chase Pay, for Ant Financial, Tencent Holdings (HKG: 0700), Walmart, Walmart (NYSE: WMT), Walmart Pay, Walmart to Use Tencent Holdings’ WeChat Pay, Walmart WeChat Pay, WeChat Launches SMS shopping Platform, WeChat Pay, WeShop, Will WeChat Pay Join Walmart Pay?

Walmart to Use Tencent Holdings’ WeChat Pay

News stories did not say whether WeChat Pay will be integrated with Walmart’s QR-code based payment app Walmart Pay. Walmart Pay is one of the fastest growing payment solutions in the United States.

Cryptocurrency

daniel March 8, 2018 Alipay and WeChat Pay, Alphabet’s (NASDAQ: GOOG) Google Pay, Apple Pay more Popular than WeChat Pay in Hong Kong, Apple Pay on Boston Transit, MBTA, mTicket App, Tencent Holdings’ (HKG: 0700) WeChat Pay, The Massachusetts Bay Transportation Authorit, WeChat Pay

Apple Pay more Popular than WeChat Pay in Hong Kong

Strangely enough, Hong Kong consumers liked WeChat Pay better but used Apple Pay more.

Only 8% of respondents admitted to using WeChat Pay, 16% used Ant Financial’s Alipay, and 17% used Alphabet’s (NASDAQ: GOOG) Google Pay.

Even though WeChat Pay was number three; it had the highest customer satisfaction rating of 7.7 out of 10 points, Apple Pay was number two with 7.6 points.

Opportunities

daniel July 6, 2017 Is Tencent Holdings Making Money?, Is Tencent Holdings The Google of China?, QQ, Qzone, Snap or Square?, Tech Value Giant, Tencent Holdings (OTC: TCEHY), Tencent Holdings the Tech Value Giant you’ve Never Heard of, Tencent’s Vast Social Media Footprint, WeChat, WeChat Pay, Why Tencent Might not be making that Much Money, Will Tencent Buy Twitter

Tencent Holdings the Tech Value Giant you’ve Never Heard of

If Tencent ever comes to American exchanges, it will be a good investment because of the dividend, the high return on equity and all the growth potential. If any Chinese company has the potential to grow into a tech giant rivaling Microsoft or Alphabet it’s Tencent Holdings.