5 “Venmo’s Monetization Will Be Worth Watching,” Business Insider, January 31, 2017, www.businessinsider.com/venmos-monetization-will-be-worth-watching-2017-1. 6 See http://www.iresearchchina.com/. Roughly 90 percent of mobile payments in China from 2014-19 were through Alipay and Tenpay.
4  -3the first quarter of 2019, the transaction value grew nearly 400 times to $ billion (43.8 billion euros).7 Digital currency payments projects from big technology firms that have network advantages have the potential to scale even more rapidly.