In Three Years, World’s Biggest mPayment Market Will Be…

25 April 2012

A new research study suggests China will be the world’s largest market for mobile payments in the year 2015.

A study from Kapronasia expects Chinese mobile payment volume to double each year between 2012 and 2015, ending up at $84 billion.

In 2010, a KPMG study estimated that 77 percent of Chinese consumers used their phones to complete financial transactions, Finextra says.

Read the full story here.

Comments

No comments on this article.

Comments by Disqus

More Features

Data Center
Event Calendar
Country Profiles
Featured eBook
Media Center
Lydian Journal
ROAM Newsroom
MasterCard Newsroom
Discover Newsroom
TSYS Newsroom
CSI Newsroom
Follow PYMNTS.com