Sentence examples for payment arena from inspiring English sources

PayPal, which was recently bought by financial site X.com, launched last November and has already stolen the lead in the auction payment arena.

The company will be battling for market share with e-commerce giant Alibaba's Alipay and Tencent's WeChat Wallet, which dominate China's mobile payment arena.

The joint venture does not even have a chief executive, though a search for one is under way.Nevertheless, payments experts reckon that MCX could turn out to be a formidable force in the mobile-payments arena.

"New payments products and platforms are evolving rapidly and it's important for us to keep identifying cutting-edge technologies that can extend our leadership beyond the traditional payments arena," said Kenneth I. Chenault, chief of American Express.

In his view (admittedly, his research was commissioned by Vodafone) the prospect of a bank-dominated Single Euro Payments Area, over which there has been much foot-dragging, may have dissuaded mobile-phone companies and other non-banks from innovating in the payments arena.

And another player has joined VeriFone entered the mobile payments arena with a deal with PayPal.

Payoneer's advantage over Paypal in the micro-payments arena is that it makes international payments easier by not requiring a bank account for verification.

It was just this past May that MasterCard expanded its stake in the digital payments arena with its PayPass Wallet Services, and it's already getting a bit of an overhaul.

AmEx CEO Kenneth I. Chenault said in a statement that "New payments products and platforms are evolving rapidly and it's important for us to keep identifying cutting edge technologies that can extend our leadership beyond the traditional payments arena".

"New payments products and platforms are evolving rapidly, and it's important for us to keep identifying cutting-edge technologies that can extend our leadership beyond the traditional payments arena," said Kenneth Chenault, Amex chairman and chief executive officer, in a statement.

Speaking to the overall payments experience in-store, Marcus explains that some companies who are simply focused on payments in this arena will ultimately fail.