Things You Should Know About Mobile Payment Market

THINGS YOU SHOULD KNOW ABOUT MOBILE PAYMENT MARKET M-PAYMENT USERS Today, more people have mobile phones 0000 0000 oo00 op00 than BANK ACCOUNTS & CREDIT CARDS 6.8 Billion > 3.5 Billion > 2.15 Billion MOBILE PAYMENT USERS from 2012 to 2016 (in Millions) 164 141 121 101 91 81 91 76 64 54 45 61 13 1722 4 55 Europe North Asia/Pacific Middle East Africa Latin America America 1 2014 1 2015 2016 39% MOBILE PAYMENTS USERS ARE MILLENIALS 39% 31% 18% 12% MILLENIALS GEN-XERS YOUNG BOOMERS SENIORS Age: 18-26 Age: 27-39 Age: 40-50 Age: 51+ M-PAYMENT TRANSACTIONS 721 Global mobile payment transaction volume is expected to reach at 235 164 106 721 billion USD in 2017 2011 2012 2013 2017 MOST POPULAR MOBILE PAYMENT APP USAGE visco-static RETAIL MASS FAST FOOD PARKING ENTERTAINMENT PUCHASE TRANSIT M-PAYMENT APPS Digital Wallet Services Used by Consumers in the United States 2014 9:00 AM Dominican Joe 79% PAYPAL 123 High Street, London Tell the cashier: GOOGLE 40% WALLET Google wallet I'm paying with PayPal. GROUPON 26% You're checked in securely. APPLE 17% PASSBOOK MASTERCARD MasterCard 5% PAYPASS paypass Preferred: PayPal Balance + Visa x-3426 ISIS ISIS 4% M-PAYMENT ADOPTION I Deployed I Ready to Deploy Trial Stage I Planning Stage I No Interest So Far MOBILE CARRIERS 22% 37% 30% 10% 1% FINANCIAL INSTITUTIONS 19% 24% 45% 11% 1% MERCHANTS 10% 20% 37% 29% 3% HANDSET MANUFACTURERS 8% 9% 28% 36% 19% PAYMENT SERVICES VISA 17% 13% 38% 28% APPLICATION PROVIDERS 16% 16% 39% 25% 5% 0% 20% 40% 60% 80% 100% www.rishabhsoft.com RISHABH facebook.com/rishabhsoft SOFTWARE twitter.com/rishabhsoft Reference Sources: http://www.amdocs.com/solutions/stay-ahead/Pages/amdocs-mobile-payments-Infographic.aspx http://www.statista.com/statistics/279957/number-of-mobile-payment-users-by-region/ http://payments.intuit.com/mobile-payments-infographics/ http://www.nielsen.com/us/en/insights/news/2014/whats-in-your-wallet-mobile-payments-are-making-life- easier.html http://www.statista.com/statistics/284101/digital-wallet-usage-in-the-united-states/