Mobile Money Market to Be Driven by Essence of Security and Privacy Issues and Prevention of Frauds - Market Investment to Increase by 23.1% over 2016-17
Even though organizations within telecom industry are concerned about security and privacy issues and prevention of frauds, increase in use of mobile money by companies and merchants, increasing penetration of smartphones and internet, and preference for cashless transactions will push mobile money usage over the next two years. Globally, investment on mobile money services is anticipated to increase by 23.1% during the next two years. Asia and Africa are expected to offer significant growth for mobile money over the next...
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