Mobile Payment Transaction Market - Trends and Opportunities for the Industry by 2020
Mobile payments are payment transaction done with the help of a mobile phone. The mobile payments market is worth billions of dollars and was worth US$ 550 billion in the year 2015, and is expected to touch a value of US$ 2849 billion in the year 2020, registering a CAGR of 39.1% during the assessment period. This explosive growth in the mobile payments market is due to the spread and penetration of mobile phones in the populace and their increasing...
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