Mobile Payment Industry Growing at a CAGR of 35.55% to 2021

(MoneyNewsWire.Net, February 23, 2018 ) Mobile payments are the payments made using mobile devices such as cell phones or tablets, using mobile money or mobile wallets. Technological innovations and rapid technological advances are changing the way people connect with each other and manage their finances. With the advent of mobile banks, users are able to conduct monetary transactions with ease. Mobile banking is an affordable alternative to the traditional banking ways.

Publisher's analysts forecast the global mobile payment market to grow at a CAGR of 35.55% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global mobile payment market for 2017-2021. To calculate the market size, the report considers mobile payment transaction values.

The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA

Publisher's report, Global Mobile Payment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
-FIS
-Gemalto
-MasterCard
-PayPal
-Alibaba Group
-Apple
-Google
-Samsung Electronics

Complete Report is Available at http://www.reportsweb.com/global-mobile-payment-market-2017-2021

Other prominent vendors
-Bharti Airtel
-American Express
-Bank of America
-Citrus Payment Solutions
-LevelUp
-MobiKwik
-One97 Communication
-Orange
-Oxigen
-Square
-Venmo
-Visa
-ZipCash Card Services

Market driver
-Increasing use of mobile devices
-For a full, detailed list, view our report

Market challenge
-Security of mobile payment apps
-For a full, detailed list, view our report

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Source: EmailWire.Com