“Mobile transaction trends are tricky to track, particularly on a global scale. Generally, we know that the rate of mobile adoption is increasing all over the world, but mobile as a way to make payments instead of a card in a physical store is still in its infancy.
Mobile as a driver of e-commerce is growing as well, as tablets and phones make access to the Internet convenient for everyone and available for many for whom PCs were not either affordable or accessible. In fact, for the mobile device is not only a catalyst for economic growth across emerging countries with otherwise limited payment options, it is a financial lifeline for many whose access to financial services was simply non-existent.
So, as we prepare for the year ahead – one that many believe will only accelerate the adoption of mobile payments of all varieties, we thought we’d break down the mobile payments trends and figures by region, worldwide.”
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