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

What's Next In Payments®
4:45 PM EDT April 25th, 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
Also by This Author
What's Hot
News
Mobile Payments Fuel Starbucks Growth
Merchant Innovation
ATM Networks Join Forces Against Fraud
News
Amazon Stock Tumbles on Losses
Merchant Innovation
MoneyGram Beefs Up Exec Ranks
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Alternative Financial Services
The FI Payments’ Innovation Survival Kit
Alternative Financial Services
“Embrace Innovation” (Or Else Suffer The Consequences)
News
Mobile Payments Fuel Starbucks Growth
Hmmm
Visa Unveils Major Digital Moves
View All Articles ››