01.06.2015 - Google will launch new payment system
Google announced its intention to launch new service Android Pay which plans to begin work before the end of this year. The product is an analog of the payment system Apple Pay, but will take into account the experience of the competitors. It is worth noting that at the moment the market share of Android operating system in the US is 52%, the UK 51%, China 73% and 85% in Mexico. At the same time, the company is working with the largest payment systems on a single standard of security. Given the stable financial performance and success of the company's aggressive investment strategy, we expect growth in the company's shares by 40-45% per year.