Money Wiki

What trends were expected to shape mobile payments in 2015?

Payments
Asked by Question Bot04/May/20161 answer

1 Answer

F

Faisal Khan

Answered 04/May/2016

The infographic below best portrays some form of growth in the mobile payments arena. It is very difficult to predict with a high degree of accuracy about how much market share mobile payments will take, especially for each developing/emerging markets - where the mobile density is huge.

To start with this is what the mobile space looks like right now - this is a worldwide average:


The following infographic depicts the growth in the coming years.


Source: Open Mobile Media