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(Wireless-NewsWire.Com, August 20, 2021 ) The growing number of mobile subscribers is a major driver of the growth of the mobile money market. In response to the increasing number of mobile phones on the market and the expansion of network coverage in developing countries, companies have developed new, innovative mobile-oriented functionalities and solutions that put the world at the fingertips of their customers. Because of the entry of nonbanking and unconventional players, the market has been thriving, and they are about to make a show-stopping move. For example, the launch of Google Pay with a straightforward policy of "Add a card." It's not difficult”, the company boasted as it swept the mobile money market off its feet. It attracted new users by offering them instant cashbacks, which continues to be a successful strategy for attracting new users today. The growing number of mobile subscribers represents an increase in the potential for monetary transactions to be conducted through mobile phones. The number of mobile subscribers all over the world is expected to increase significantly in the coming years, according to industry forecasts.
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This report offers the major market player’s profiles, such as Vodafone (UK), Google (US), Orange (France), FIS (US), Paypal (US), Mastercard (US), Fiserve (US), Airtel (India), Gemalto (Netherlands), Alipay (China), MTN (South Africa), PAYTM (India),Samsung (South Korea), VISA (US), Tencent (China), Global Payments (US), Square (US), Amazon (US), Apple (US), Western Union Holdings, (US), Comviva (India), and T- Mobile (US)
The mobile money Market report has been categorized as below
By Transaction Mode
Point of Sale (PoS)
Mobile Apps
QR codes
By Nature of Payment
Person to Person (P2P)
Person to Business (P2B)
Business to Person (B2P)
Business to Business (B2B)
By Application
Money transfers
Bill Payments
Airtime Transfer and Top-Ups
Travel and Ticketing
Merchandise and Coupons
By Type of Payments
Remote Payments
Proximity Payments
Based on regions:
North America
Europe
Asia Pacific
Rest of World
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