Mobile payment is a process of paying for goods or services or transfer of money through mobile/smartphones. The mobile payment industry has evolved significantly over the years with big brands entering the market and developing advanced technologies that provide ease of payment using mobile/smartphones.
Demand for cost effective and convenient payment modes has remarkably contributed to the development of new and innovative mobile transaction technologies. Similarly, widespread adoption of mobile phones in countries such as India and China has encouraged service providers to provide cashless payment options. To leverage the growing opportunities of the developing markets, many market participants have plans to come up with own mobile wallet in future, which would significantly contribute to the business growth.
Countries such as Singapore, Australia, and Japan are some of the major markets with a strong inclination to become a cashless market. Mobile payment transactions through NFC technology is also anticipated to witness significant growth in Asia-Pacific region, owing to convenient payment options, coupled with government initiatives towards a cashless society.
- Orange S.A.
- MasterCard Incorporated
- Bharti Airtel
- MTN Group Limited
- Safaricom Limited
- Mahindra Comviva
- Vodafone Group Plc
Key Topics Covered:
1. Market Scope & Methodology
2. Executive Summary
3. Market Overview
4. Global Mobile Payments Market
5. Global Mobile Payments Market by Mode of Transaction
6. Global Mobile Payments Market by Application
7. Global Mobile Payments Market by Region
8. Company Profiles
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