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(Wireless-NewsWire.Com, April 19, 2017 ) Mobile payment is a form of payment where an end-user can initiate a transaction using a mobile device for goods and services through communication networks or technologies. Mobile payment allows consumers to use a mobile device to pay for goods and services instead of using cash, check, and credit/debit cards. It is also referred to as mobile money, mobile money transfer, and mobile wallet.
Publisher's analysts forecast the global mobile payment market to grow at a CAGR of 36.26%, in terms of transaction volume, over the period 2014-2019. In terms of number of end-users, the market is expected to grow at a CAGR of 18.10% during the forecast period.
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Covered in this report
This report covers the present scenario and the growth prospects of the global mobile payment market for the period 2015-2019. To calculate the market size, the report considers the total transaction volume sourced through mobile devices. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Publisher's report, Global Mobile Payment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global mobile payment market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Gemalto
Google
Mahindra Comviva
MasterCard
Orange
PayPal
Visa
Vodafone Group
Other prominent vendors
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Airtel Money
Alipay
Amazon.com
American Express
Apple
Bank of America
Citrus Payment Solutions
Dwolla
First Data
LevelUp
LivQuik
MCX
Mobikwik
m-pesa
One97 Communication
Oxigen
Square
Tata Teleservices
Venmo
Y-Cash Software Solutions
ZipCash
ZipPay
Key market driver
Increased security
For a full, detailed list, view our report
Key market challenge
Infrastructure inadequacies
For a full, detailed list, view our report
Key market trend
Growing awareness about use of mobile wallets
For a full, detailed list, view our report
Key questions answered in this report
Companies Mentioned:
Gemalto
Google
Mahindra Comviva
MasterCard
Orange
PayPal
Visa
Vodafone Group
Airtel Money
Alipay
Amazon.com
American Express
Apple
Bank of America
Citrus Payment Solutions
Dwolla
First Data
LevelUp
LivQuik
MCX
Mobikwik
m-pesa
One97 Communication
Oxigen
Square
Tata Teleservices
Venmo
Y-Cash Software Solutions
ZipCash
ZipPay
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Priya Sisodia
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