The mobile payment is an integrated system linked by various components of value chain which typically includes the merchant, the consumer, the financial institution involved and not to forget the payment gateway and the telecom network.
In terms of revenue, the global mobile payment transaction market revenues valued at US$ 549,917.7 Mn in 2015 will possibly reach US$ 2,849,231.4 Mn in the year 2020.
Mobile payment transaction volume will grow by a massive 41.7% during the ... Read more