NetworkNewsBreaks – Mobile Transaction Powerhous
Post# of 162
China’s Union Pay, Alipay and WeChat Pay mobile payment modules have been integrated into Moxian’s (NASDAQ: MOXC) social network for businesses and their clients, providing to Moxian significant resources to establish revenue growth. An article discussing this reads: “Alipay is a third party mobile and online payment module targeted to merchants, such as Macy’s, Neiman-Marcus, and Air Asia … Forbes quoted Analysys as reporting that WeChat Pay had 54% of the market in 1Q2017 (http://nnw.fm/yg9M3). The important thing for Moxian is that the two of them combined have a total of 94% of the mobile transaction market, which was valued at more than $5 trillion in 2016 by Mary Meeker’s 2017 Internet Trends Report.”
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