DUBLIN, June 28, 2019 /PRNewswire/ — The “Mobile Payment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global mobile payment market was worth US$ 881 Billion in 2018
Mobile payment is defined as a transfer of funds done under financial regulations with the help of a mobile device. The first patent on the mobile payment technology was filed in 2000 and it has been growing ever since. A major factor that is influencing the market and making mobile payment popular among consumers is the assurance of safety that it provides in the transactions. With mobile PoS systems, the data of the customer’s credit card is not saved on the merchant’s PoS terminal.
During the transaction a code is generated that can be sent over OTA (over
Article source: https://www.prnewswire.com/news-releases/mobile-payment-wap-nfc-sms-ussd-other-market---global-forecast-to-2024-300877733.html
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