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5 trends shaping mobile payments worldwide in 2016


In 2016, mobile-driven commerce will reach an estimated US$972.25 billion across the 46 markets where Euromonitor International conducts this digital research.

Most impressively, mobile payments are expected to reach US$3 trillion by 2021. While that is a lot of transacted money across these small-screen devices, mobile-based payments will equate to only an estimated 11 percent of all consumer card payment volume across these markets in 2021, up from approximately 5 percent in 2016.

For more on this story visit the following link: 5 trends shaping mobile payments worldwide in 2016

Source: Mobile Payments Today

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