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

What's Next In Payments®
4:45 PM EST 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
Staples Breach Hit 1.16 Million Payment Cards
Loyalty & Rewards
Go, Teller, On The Mountain (Of Stats) That Mobile’s Less Loyal
News
Would You Like Beacons With That?
News
PayPal Here Gets New U.K. Partner
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
What Payments Players Want Under The Tree
News
Staples Breach Hit 1.16 Million Payment Cards
Alternative Financial Services
Bitcoin Tracker | Week 53    
Loyalty & Rewards
Go, Teller, On The Mountain (Of Stats) That Mobile’s Less Loyal
View All Articles ››