Mobile Payments: Growth, Country Comparison & Usage

Market Insights report

Mobile Payments: Growth, Country Comparison & Usage

This whitepaper provides insights on growth, compares the main markets, provides consumer views and highlights which mobile payment apps are popular:

  • Mobile payments are growing at a rate of 52% through to 2021, resulting in a transaction value of US$866 billion in 2021
  • China and the U.S. lead the way in terms of user penetration. With a 28% user penetration rate, the U.S. will overtake China in 2019
  • Concerns over personal data and fraud remain barriers for greater adoption
  • Nevertheless, 44% of surveyed people are interested in paying for restaurant and cafés visits via smartphone
  • 36% of U.S. retailers accept Apple Pay, boosting its popularity among consumers

    For further data on the topic, please click here.

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