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Showing posts with the label Remote Mobile Payment Market Trends

Remote Mobile Payment Market Driven By Ubiquity Of Smartphones

  Although the  global remote mobile payment market  is currently in nascent stage, a fresh study by Transparency Market Research (TMR) assures that the future is highly prosperous, with the demand estimated to increment at an incredible CAGR of 44.9% during the forecast period of 2017 to 2022. As per the projections of the TMR report, the global remote mobile payment market will be worth US$7,526,127.9 mn by 2022, exponentially up from its evaluated valuation of merely US$1,176,712.6 mn in 2017. The report identifies ACI Worldwide, Inc., Samsung Electronics Co Ltd., Alphabet Inc., DH Corporation, Apple Inc., Visa Inc., Square, Inc., PayPal Holdings, Inc., Mastercard Incorporated., Fidelity National Information Services, Inc., and Fiserv, Inc. as some of the key companies currently operating in the global remote mobile payment market. Competition Intensifying With Increasing Number of Participants As far as the competitive landscape is concerned, the TMR repor...