Competition among large companies participating in the mobile commerce field is heating up. Apple has delivered a strong blow to its competitors by entering into the field with its own
mobile payments service, called Apple Pay. The service has a veritable armada of retailers supporting it and has also helped many consumers participate in mobile commerce. The service has also had an
unintended effect, as Apple competitors have reported that they have seen a dramatic increase in mobile payments made through their own services since Apple Pay was launched. Apple Pay may soon have a
very powerful competitor that aims to establish dominance in the burgeoning Asian market.
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