Click me

Global Mobile Payment Industry Statistics and Trends

GLOBAL MOBILE PAYMENT Statistics and Trends Estimated Global mobile payment market to hit $620bn in 2016 2016 $620 billion 2015 $450 billion 2016 $620 billion 2017 $780 billion 2018 $930 billion 2019 $1,080 billion Estimated number of Mobile money services 271 271 Estimated Number of Mobile Money Services (by region) Sub-Saharan & Africa 145 South Asia 45 Latin America & Caribbean 30 East Asia & Pacific 28 Middle East & North Africa 16 Europe & Central Asia 79% of mobile payment users would make more mobile payments if offered discount pricing or coupons based on past purchases 79% Incentive for non-users to start making mobile payments Discount pricing / coupons Special offer on reward points Improve your shopping experience special offer 54% 53% 53% Able to scan product and present information about product Tracks spending habits Valued customer treatment 49% 48% 48% Eliminating the requirement for check out Receive loyalty offers Receive notification for upcoming produce releases at store 47% 46% 35% Common Barriers to Mobile Wallet Usage Don't want store to have mobile wallet info Worried about Don't want to security pay any fees 62% 40% 26% No single payment system across merchants Credit cards have better rewards Not convenient 19% 15% 14% Not available at stores of choice 9% Usage Patterns by Transaction Type for Mobile Payments Quick service Food/Drinks Grocery Store Convenience Store ©O0 40% 39% 34% Full-Service Restaurant Large Retailer Parking 33% 31% 29% Household Bills Taxi Services Telecom Services 29% 28% 27% Compiled & designed GO-Globe web design web applicationsidentity seo Source Links: ment-revenue-to -hit-620bn-In-2016/ -transaction-volume-forecast/ /Accenture/next-gen/na-payment-survey/pdfs/Accenture-Digital -Payments-Survey-North-America-Accenture-Executive-Summary.pdf /2016/04/SOTIR_2015.pdf

Global Mobile Payment Industry Statistics and Trends

shared by gogulf on Nov 24
Check out our infographic on Global mobile payment for latest mobile payment statistics and trends.




Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy


Click the code to copy
Customize size