Global Mobile Payment Methods 2022: Sector to Continue to Expand Widely Through 2028
DUBLIN, Sept. 29, 2022 /PRNewswire/ -- The "Global Mobile Payment Methods 2022" report has been added to ResearchAndMarkets.com's offering.
The global mobile payment market continues to expand
Many countries worldwide have witnessed the acceleration of mobile payments and their adoption and presence continue to gain momentum. The number of mobile contactless transactions is projected to experience notable growth from 2021 to 2023 and the number of online purchases made using OEM mobile payments is forecasted to grow notably from 2022 to 2026. The volume of biometrically authenticated remote mobile payments is also forecasted to increase, reaching a value in the trillions of Euros in 2027. Furthermore, the global mobile payment market size is expected to grow significantly in 2028, as spelt out in the report.
Digital wallets are densely present in multiple countries worldwide
The number of digital wallet users is continuously growing and is expected to be valued at trillions of Euros, globally, by 2026. In Germany, PayPal was among the leading payment methods in terms of B2C E-Commerce sales. Furthermore, among the most used digital wallets in the U.S. was PayPal, followed by Apple Pay, and Venmo, and close to one-third of Americans used these digital wallets to pay for almost all of their online purchases.
Digital wallets were also offered by more than one-half of online merchants in Canada. In 2021, digital wallets in the Latin American region wereestimated to be among the fastest-growing E-Commerce payment methods, after bank transfer and domestic credit card, and, in the Middle East and Africa, above one-half of surveyed individuals believed that digital wallets would be the preferred method of payment for consumers by 2025, as shown in the report.
Key Topics Covered:
1. Management Summary
2. Global Developments
5. North America
7. Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/sd8r6k
Research and Markets
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1904
SOURCE Research and Markets
Maximizing Revenue with White Label Programs
Adapting Your Organization for Hybrid Work