According to a Gartner report, the global mobile payment transactions will surpass $235.4 billion this year, growing 44 percent more as compared to last year’s $163.1 billion. In these transactions Asia-Pacific will account for $74 billion, with thanks to three countries Singapore, India and South Korea.
Sandy Shen, Gartner’s research director, said in the report: “Nevertheless, we have lowered the forecast of total transaction value for the forecast period due to lower-than-expected growth in 2012, especially in North America and Africa.”
Transaction value in North America will reach US$37 billion this year, up 53 percent from US$24 billion in 2012. Counting on mobile payment users, the worldwide number has rose to 245.2 million this year, as compared to 200.8 million in 2012.
Latest posts by Karan Chopra (see all)
- I’m Looking For My Father (Comic) - March 10, 2014
- Facebook: Always Helping… Facebook (Comic) - March 5, 2014
- I’d Like To Deposit This Check Into My Bank Account (Comic) - March 4, 2014