Consumer Mobile Payments Market 2019 in Terms Of Revenue: Worldwide Key Vendors: ACI Worldwide, Alphabet, Samsung Electronics Co Ltd, DH Corp, Fidelity National Information Services, Fiserv, Jack Henry & Associates, MasterCard Incorporated, PayPal Holding

Consumer Mobile Payments market size will grow from XX Million in 2018 to XX Million by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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E-commerce is well and truly here to stay and has revolutionized the retail industry. E-commerce has essentially transformed the world into one big global village, allowing companies to reach customers in far-flung areas. The developing world in particular is predicted to be ‘mobile-first’ or even ‘mobile-only’, and smartphone sales have already eclipsed that of traditional PCs. The comfort and convenience provided by mobile e-commerce is unparalleled and it aims to cater to the demand for niche products as well as traditional ones. Any company that chooses to ignore the mobile e-commerce movement does so at its own peril. The smartphone explosion has led to mobile wallets and contactless payments being adopted slowly but surely. Developing countries are leading the way when it comes to becoming cashless and they have taken to the mobile phone to transfer funds like no other device. A few of the factors responsible for widespread adoption of mobile payments include efficiency, cost-effectiveness, usability, transaction security and interoperability. Even though credit and debit cards currently enjoy a higher rate of usage, the advent of mobile payment Apps and other contactless payments should ensure that they become the go-to-solution for all kinds of payment needs in the future.

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By Market Players:
ACI Worldwide, Inc., Alphabet Inc., Samsung Electronics Co., Ltd, DH Corp, Fidelity National Information Services, Inc., Fiserv, Inc., Jack Henry & Associates Inc., MasterCard Incorporated, PayPal Holdings, Inc., Square, Inc., Visa Inc., Apple Inc. 

By End-Use Industry
Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline, Others, 

By Mode of Payment
Remote, Proximity , 

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