Mobile POS Payments

United States

Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Transaction Value in the Mobile POS Payments segment amounts to US$64,146m in 2018.
  • Transaction Value is expected to show an annual growth rate (CAGR 2018-2022) of 32.0% resulting in the total amount of US$194,685m by 2022.
  • In the Mobile POS Payments segment, the number of users is expected to amount to 36.3m by 2022.
  • The average transaction value per user in the Mobile POS Payments segment amounts to US$2,477.2 in 2018.
  • From a global comparison perspective it is shown that the highest transaction value is reached in China (US$414,327m in 2018).
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The Mobile POS Payments segment includes transactions at point-of-sale that are processed via smartphone applications (so-called "mobile wallets"). Well-known providers of mobile wallets are ApplePay, Google Wallet and Samsung Pay. The payment in this case is made by a contactless interaction of the smartphone app with a suitable payment terminal belonging to the merchant. The data transfer can be made, for example, via wireless standard NFC (Near Field Communication) or by scanning a QR code to initiate the payment. A user pays for a purchase via a mobile wallet application by triggering an online bank transfer or by using a digitally stored credit or debit card (Host Card Emulation).

Payment transactions with physical debit or credit cards at contactless terminals and mobile POS systems (mPOS, e.g. Square, SumUp) as well as place-independent “Carrier Billing” are not included in this segment.
in-scope
  • Mobile wallet point-of-sale payments processed with 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
FinTech Report 2018 - Digital Payments

FinTech Report 2018 - Digital Payments

Statista Digital Market Outlook - Segment Report
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Transaction Value (2018)
+42.0% yoy
US$64,146m
User (2018)
+15.7% yoy
25.9m

Transaction Value Transaction Value Growth

in the Mobile POS Payments market in million US$ in percent

Reading Support Total Transaction Value in the Mobile POS Payments segment amounts to US$64,146m in 2018. Reading Support The Mobile POS Payments segment is expected to show a transaction value growth of 36.6% in 2019.

  • Transaction Value
  • Transaction Value Growth
Info

Transaction Value:

The "Transaction Value" box shows the forecasted value of transactions in the selected market (market segment, region) for each year. The figures do not refer to the actual revenue that is generated by the processing companies.


Transaction Value Growth:

The "Transaction Value Growth" box shows the year-over-year development of the transaction value in the selected market (market segment, region) in percentage terms.

A definition and detailed explanation of the displayed markets can be found here.
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User Penetration Rate

in the Mobile POS Payments market in millions in percent

Reading Support In the Mobile POS Payments segment, the number of users is expected to amount to 36.3m by 2022. Reading Support User penetration in the Mobile POS Payments segment is at 7.9% in 2018.

  • User
  • Penetration Rate
Info

User:

The “User” box shows the number of active paying customers (or accounts) of the selected market (market segment, region) in millions for each year.


Penetration Rate:

The “Penetration Rate” box shows the share of active paying customers (or accounts) from the total population of the selected market (market segment, region) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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av. Transaction Value per User

in the Mobile POS Payments market in US$

Reading Support The average transaction value per user in the Mobile POS Payments segment amounts to US$2,477.2 in 2018.

Info

Average Transaction Value per User:

The box shows the average annual transaction value per user (or potential user) of the selected market (market segment, region) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Users by age Users by income Users by gender

in the Mobile POS Payments market in percent in percent in percent

Reading Support In the year 2017 a share of 37.2% of users is 25-34 years old. Reading Support In the year 2017 a share of 47.2% of users is in the high income group. Reading Support In the year 2017 a share of 59.3% of users is male.

  • Users by age
  • Users by income
  • Users by gender
Info

Users by age:

The Users by age box shows the age distribution of users of the selected market (market segment, region) in age groups. The data is based on Statista's Global Consumer Survey.

Users by income:

The Users by income box shows the income distribution of users of the selected market (market segment, region) in tertiles. The data is based on Statista's Global Consumer Survey. Values shown are only based on survey respondents who answered the question regarding their income.

Users by gender:

The Users by gender box shows the gender distribution of users of the selected market (market segment, region). The data is based on Statista's Global Consumer Survey.


Data in countries not covered by the Global Consumer Survey refer to the superordinate world region.

A definition and detailed explanation of the displayed markets can be found here.
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Global Comparison - Transaction Value

in the Mobile POS Payments market in million US$

Reading Support With a total transaction value of US$414,327m in 2018, the highest value worldwide is reached in China.

Info

Global Comparison – Transaction Value:

The box shows a comparison of transaction values for 50 of the world's leading digital economies in the selected market (market segment, region) and year.


A definition and detailed explanation of the displayed markets can be found here.
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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

2016201720182019202020212022 CAGR
(2016-2022)
Mobile Phones Volume / Capita in units
Average per capita sales of mobile phones in units | Source: Statista Analysis
x.xx x.xx x.xx x.xx x.xx x.xx x.xx
Laptops Volume / Capita in units
Average per capita sales of laptops and tablets in units. | Source: Statista Analysis
x.xx x.xx x.xx x.xx x.xx x.xx x.xx
Desktop-PCs Volume / Capita in units
Average per capita sales of Desktop-PCs in units. | Source: Statista Analysis
x.xxx x.xxx x.xxx x.xxx x.xxx x.xxx x.xxx
Mobile Phones Revenue / Capita in US$
Average revenue of mobile phones per capita | Source: Statista Analysis
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Laptops Revenue / Capita in US$
Average revenue of laptops and tablets per capita. | Source: Statista Analysis
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Desktop-PC Revenue / Capita in US$
Average revenue of Desktop-PCs per capita. | Source: Statista Analysis
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New registered companies
Number of newly established and registered companies (within the past 12 months) in the selected region. | Source: OECD, Eurostat, Statista Analysis
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Smartphone Penetration in %
Percentage of individuals from the total population using a smartphone on a monthly basis. | Source: Statista Analysis
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Internet Penetration in %
Percentage of individuals from the total population using the internet on a monthly basis. | Source: Statista Analysis
xx.x xx.x xx.x xx.x xx.x xx.x xx.x
Consumer Spending / Capita in US$
Average consumer spending per capita of private households in the selected region | Source: Statista Analysis, based on UN, World Bank, IMF, Eurostat and national statistical offices
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GDP / Capita in US$
Gross domestic product of the selected region in relation to the total population. | Source: IMF
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Households in m
Total number of households in the selected region. | Source: Statista Analysis
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Population in m
Number of individuals (all ages) living in the selected region. | Source: World Bank, Statista Analysis
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0-15 years in m
Number of individuals (age 0-15) living in the selected region. | Source: World Bank, Statista Analysis
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16-24 years in m
Number of individuals (age 16-24) living in the selected region. | Source: World Bank, Statista Analysis
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25-34 years in m
Number of individuals (age 25-34) living in the selected region. | Source: World Bank, Statista Analysis
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35-44 years in m
Number of individuals (age 35-44) living in the selected region. | Source: World Bank, Statista Analysis
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45-54 years in m
Number of individuals (age 45-54) living in the selected region. | Source: World Bank, Statista Analysis
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55+ years in m
Number of individuals (age 55 and older) living in the selected region. | Source: World Bank, Statista Analysis
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Telecommunication
Click arrow to expand
Average Connection Speed in kbits/s
Average internet connection speed in Kbits/s. | Source: Akamai, Statista Analysis
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Fixed Broadband Subscription / 100 Capita
Number of fixed broadband subscriptions per 100 inhabitants. | Source: World Bank, Statista Analysis
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Finance
Click arrow to expand
Online Banking Penetration in %
Percentage of individuals (total population over 16 years) using online-banking services at least once a year (e.g. bank transfers, account information). | Source: Eurostat, Statista Analysis
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Debit Card Penetration in %
Percentage of individuals (total population over 16 years) who own at least one debit card. | Source: World Bank, Statista Analysis
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Source: Statista, September 2018
Source: Statista, September 2018, based on IMF, World Bank, UN and Eurostat
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