Mobile Payment Transaction Services Market by Application, Analysis and Forecast to 2022
ReportsWeb.com published “Mobile Payment Transaction Services Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this mark
(EMAILWIRE.COM, April 26, 2018 ) The Global Mobile Payment Transaction Services market is growing at a CAGR of 39.6% during the forecast period 2015 to 2022. The key drivers for growth of the market include convenience and immediacy. However, security associated with mobile based transactions is the major factor restraining the market growth. As such, a horde of mobile money propositions like carrier billing are still highly pertinent to consumers with n- credit cards or as a expedient way of purchasing apps in app stores and online content.
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Money transfer segment accounted for more than 50% share of the mobile payment transaction market in 2014. On the other hand, merchandise purchase segment is expected to gain grip during the forecast period. More than 20 percent of mobile payment users utilized selected online wallets such as PayPal or Google Wallet in the United States. Rising NFC option is how retailers are utilizing mobile money together with other key retail elements like, rewards, offers, and loyalty to remain significant on the high street. With huge sections of the population unbanked so far vigorously using feature phones to access mobile money services and pay for physical goods, bill payments, money transfer, or accessing digital goods and services persist to rule.
Some of the key players in global mobile payment transaction services market are Braintree, Clinkle, Google Wallet, MasterCard, MoneyBookers, Paypal, SinglePoint, Venmo, Visa, LevelUp and WorldPay.
Purposes of mobile transactions Covered:
- Ticketing
- Money Transfer
- Merchandise Purchase
- Bill Payment
- Other Purposes
Technologies Covered
- WAP/ WEB
- USSD
- SMS Mobile Payment Transactions
- NFC
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Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
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For more information @ http://www.reportsweb.com/mobile-payment-transaction-services-global-market-outlook-2015-2022
Money transfer segment accounted for more than 50% share of the mobile payment transaction market in 2014. On the other hand, merchandise purchase segment is expected to gain grip during the forecast period. More than 20 percent of mobile payment users utilized selected online wallets such as PayPal or Google Wallet in the United States. Rising NFC option is how retailers are utilizing mobile money together with other key retail elements like, rewards, offers, and loyalty to remain significant on the high street. With huge sections of the population unbanked so far vigorously using feature phones to access mobile money services and pay for physical goods, bill payments, money transfer, or accessing digital goods and services persist to rule.
Some of the key players in global mobile payment transaction services market are Braintree, Clinkle, Google Wallet, MasterCard, MoneyBookers, Paypal, SinglePoint, Venmo, Visa, LevelUp and WorldPay.
Purposes of mobile transactions Covered:
- Ticketing
- Money Transfer
- Merchandise Purchase
- Bill Payment
- Other Purposes
Technologies Covered
- WAP/ WEB
- USSD
- SMS Mobile Payment Transactions
- NFC
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001153370/sample
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001153370/buying
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results