The report "Global Mobile Payment Methods: Second Half 2017" details the advancing penetration of mobile payments. One finding is that one-third of Internet connected shoppers around the world use mobile payment methods for their purchases, with consumers in the Asia-Pacific region leading the trend.
The report cites primary sources showing that mobile payments are growing in use worldwide. China has more than 500 million people making payments through a mobile device, and mobile payments are popular in other emerging markets of the Asia-Pacific region. In Europe, the Scandinavian countries are the leaders in mobile payment adoption. Consumers in the USA have not turned to mobile payment in the same rate as Asian shoppers, though usage and awareness rates are in double digits, with mobile wallets used for in-store purchases as well as online. In Latin America mobile payment are used by about one-quarter of Internet users, and M-payment growth continued in Africa, as well.
Though adoption of mobile payment has advanced worldwide over the past several years, many potential shoppers are concerned about security of this payment method. In a survey cited in the yStats.com report, over half of global Internet users stated that mobile payments are not safe.
Questions Answered in this Report
- What are the key trends in global mobile payments?
- Which countries are leading worldwide in mobile payment adoption?
- What is the current state and the prospects of in-store mobile payments?
- Who is winning the battle of mobile wallets?
Key Topics Covered:
1. Management Summary
2. Global Developments
5. North America
6. Latin America
7. Middle East and Africa
- Ant financial services
- China UnionPay
For more information about this report visit https://www.researchandmarkets.com/research/nbd2l5/global_mobile?w=4