Covid-19 Pandemic
Pandemic Set To Benefit Smartphone Mobile Payments
As well as a streaming boom, the Covid-19 pandemic has seen fewer transactions involving cash. That has resulted in smartphone mobile payments experiencing a surge in growth this year. The Statista Digital Market Outlook has forecast that the value of of smartphone mobile payments is set to continue increasing in the years ahead, with 28 percent growth predicted between 2019 and 2024.
Description
This chart shows the global transaction value forecast of smartphone mobile payments.
Forecast of the volume of transactions made through mobile payments worldwide from 2016 to 2019 (in billions of U.S. dollars)
Impact of the coronavirus (COVID-19) on mobile payment usage across India from January to July 2020
Proximity mobile payment transaction value in the United States in 2024, with forecasts from 2025 to 2028 (in billion U.S. dollars)
Annual growth of mobile payment gross merchandise volume in China from 2015 to 2019 with a forecast until 2022
Forecasted proximity mobile payment user growth in Vietnam from 2022 to 2026
Mobile payments usage by situation in China in 2024
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