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.

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