Mobile Payments Market - Overview and Outlook by Potential Growth

Sbmimr05 Aug, 2021Business

Mobile payment is an alternative payment method that uses cash, credit cards, and checks as payment methods. Customers may use portable devices such as smartphones, laptops.The global mobile payment market size was accounted at $1.48 trillion in 2019 and is projected to reach $12.06 trillion by 2027 with a growing CAGR of 30.1% over the forecast period.