Mobile Payment Technologies Market is set to see Revolutionary growth in decade | Visa, American Express, Boku, Fortumo

Latest released the research study onGlobal Mobile Payment Technologies Market, offers a detailed overview of the factors influencing the global business scope.Mobile Payment TechnologiesMarket research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of theMobile Payment Technologies Market. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers.

Top players in Global Mobile Payment Technologies Market are:

Visa (United States), American Express (United States), Boku, Inc. (United States), Fortumo (Estonia), Microsoft Corporation (United States), Google (United States), Apple (United States), MasterCard Incorporated (United States), MTN Group Limited (South Africa), Safaricom Limited (Kenya)

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Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 along with tables and graphs related to various country and segments showcasing impact on growth trends.

Brief Overview on Mobile Payment Technologies

Mobile payment technologies are used for the payment of goods, products and other things using smartphones. There are several modes of technologies such as NFC, SMS, Bluetooth and so on. These modes of transaction use multiple payment methods that include proximity and remote payment. Early on, payment was sent by text message, later the advancement in technology allowed for the picture of the check to be taken and it eventually morphed into mobile check deposit capabilities for banking apps. Moreover, it works by bringing together two electronic devices, typically a mobile device such as a smartphone and reader of some kind. According to the Federal Reserve report, 39% of all mobile users in the United States had made a mobile payment in 2015. It is expected to see the growth in the mobile payments industry and startups in the space evolve to meet the growing demands of users.

Mobile Payment Technologies Market Data Breakdown and Market Segmentation:

Study by Type (SMS Payment, QR Code Payment, NFC Payment, Bluetooth Technology Payment, Others), Application (Hospitality, Tourism Sector, Entertainment, Retail Sector, Health Care Sector, Education, Others), Mobile Payment Support (Credit Card, Prepaid Wallet), Mobile Payment (Proximity Payment (Quick Response (QR) Code, Mobile Wallets, Other), Remote Payment (Internet Payments, SMS Payments, Direct Carrier Billing, Other)), Payment Nature (P2P, P2B, B2P, B2B)

Market Drivers

  • Increasing Demand for Ease in Transaction of Money from Retail & other Sectors Is Driving the Demand for the Mobile Payment Technologies
  • Rapid Adoption of Mobile Payment Technologies in the Emerging Economies Such As India, China and So On
  • The Increasin

Market Trend

  • The Trend for the Cloud-Based Payment Technologies That Doesn€™t Require a Physical Device

Market Challenges

  • Lack in Network Connectivity Is Major Issue for All Mobile Payment Technologies

Market Restraints:

  • Issue Related To the Security While Processing Mobile Payments with Financial Details

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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Strategic Points Covered in Table of Content of Global Mobile Payment Technologies Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Mobile Payment Technologies market

Chapter 2: Exclusive Summary – the basic information of the Global Mobile Payment Technologies Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Mobile Payment Technologies

Chapter 4: Presenting the Global Mobile Payment Technologies Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region 2013-2020

Chapter 6: Evaluating the leading manufacturers of the Global Mobile Payment Technologies market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Global Mobile Payment Technologies Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

The primary sources involve the industry experts from the Global Mobile Payment Technologies Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weightage.

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What benefits does AMA research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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Craig Francis (PR & Marketing Manager)
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Contact Information:

Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218

Connect with us at