Mobile Payments

in-scope

  • Mobile Wallet Point-of-Sale payments processed on any kind of personal smart devices
  • Contactless, app-based transactions with a suitable payment terminal belonging to the merchant
  • NFC, QR-Code or Bluetooth-based payment transactions

out-of-scope

  • mPOS solutions (dongle payments) for card payments or mobile card readers
  • Contactless card payments at point-of-sale
  • Carrier-Billing
Market definition

Highlights

worldwide

  • Transaction Value in the "Mobile Payments" segment amounts to US$224,426m in 2017.
  • Transaction Value is expected to show an annual growth rate (CAGR 2017-2021) of 40.1 % resulting in the total amount of US$865,535m in 2021.
  • In the "Mobile Payments" segment, the number of users is expected to amount to 663.8m by 2021.
  • The average transaction value per user in the "Mobile Payments" segment amounts to US$622.75 in 2017.
  • From a global comparison perspective it is shown that the highest transaction value is reached in China (US$138,272m in 2017).
Outlook Report: Mobile Payments

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