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Global Mobile Payment Technologies Market Report 2023 | Market Size, Key Drivers And Top Trends | PayPalInc., MasterCard, Bharti Airtel, GoogleInc., Apple Inc.
Mobile Payment Technologies Market Report
As per the mobile payment technologies market report by The Business Research Company, The initiatives taken by governments to promote a cashless economy is a major driver for the growth of the mobile payment technologies market. A cashless economy is the one in which financial transactions are not done with banknotes or physical currency but via digital modes of payment. In this regard, government across the world along with the central banks are taking several initiatives to move towards a cashless economy, which ultimately leads to the growth of the mobile payment technologies market.
The global mobile payment technologies market size will grow from $86.91 billion in 2022 to $109.06 billion in 2023 at a compound annual growth rate (CAGR) of 25.5%. The global mobile payment technologies market size is expected to grow to $267.96 billion in 2027 at a CAGR of 25.2%.
Read More On The Mobile Payment Technologies Market Report Here:
https://www.thebusinessresearchcompany.com/report/mobile-payment-technologies-global-market-report
Major competitors in the mobile payment technologies market include PayPalInc., MasterCard, Bharti Airtel, GoogleInc., Apple Inc., First Data Corporation, American Express Co., Vodacom Group, Millicom International Cellular, Mahindra Comviva, Orange, DwollaInc., WorldPay, Paytm, AT & TInc., Safaricom Limited, MTN Group, Econet Wireless Zimbabwe, Visa, BlueSnap, PayU, Bank of America, Amazon, Citrus Payment Solutions, Stripe, Six Payment services, Paysafe, Wirecard, Novatti, Vodafone Ltd., and Microsoft Corporation.
The mobile payment technologies market is segmented -
•By Solutions: Point-Of Sale (POS), In-Store Payments, and Remote Payments
•By Application: Retail & E-Commerce, Healthcare, BFSI, Enterprise
•By POS Solutions: Near-Field Communication (NFC) Payments, Sound-Wave Based Payments, Magnetic Secure Transmission (MST) Payments
•By In-Store Payments Solutions: Mobile Wallets, Quick Response (QR) Code Payments
•By Remote Payments: Internet Payments, SMS Payments, Direct Carrier Billing, Mobile Banking
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the mobile payment technologies market.
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Mobile payments refer to the technology or software in which payments are made within the framework of financial regulation and performed by mobile phones with NFC capabilities.
The Table Of Content For The Mobile Payment Technologies Market Include:
1. Executive Summary
2. Mobile Payment Technologies Market Characteristics
3. Mobile Payment Technologies Market Trends And Strategies
4. Mobile Payment Technologies Market - Macro Economic Scenario
5. Mobile Payment Technologies Market Size And Growth
……
26. Africa Mobile Payment Technologies Market
27. Mobile Payment Technologies Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mobile Payment Technologies Market
29. Mobile Payment Technologies Market Future Outlook and Potential Analysis
30. Appendix
The "Global Mobile Payment Technologies Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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