The potential of mobile payments is enormous: there are 1.3 billion active credit and debit accounts in the world, but more than 5 billion active mobile phone accounts.
In Africa and Asia, financial transactions via mobile phone are a widespread way to overcome deficits in banking infrastructure. In the western world, the growing adoption of smartphones and the technological progress have given rise to the idea of mobile wallets.
- Mobile payment security concerns of U.S. consumers who did not use mobile payment methods as of 2013
Mobile payment security concerns of U.S. consumers in 2013
- How do you make your mobile payments?
Mobile payment billing methods used in the United States 2013
- Mobile payment methods used on smartphones in selected countries in 2011, ranked by usage
Mobile payment methods used on smartphones in 2011
- U.S. mobile payment usage 2014, by deviceU.S. mobile payment usage 2014, by device
- PayPal's annual mobile payment volume from 2008 to 2013PayPal's annual mobile payment volume from 2008 to 2013
- Average digital wallet transaction spending in the U.S. 2014Average digital wallet transaction spending in the U.S. 2014
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