28 Feb African Online Payments: The Growth of Mobile Money for eCommerce Payment Globally and Across Africa
Latest research by Markets and Markets on Mobile Money gives us a good take on the accelerating growth of mobile money across the world and particularly Africa. The global mobile money market is expected to grow by 29% CAGR to $12bn in 2020. The main drivers are: Middle East and Africa are the biggest markets, and Africa is expected to have the highest mobile money and mobile subscription adoption rates. MNO’s are very progressive in these territories. For example a partnership between Ericsson and MTN is expected to accelerate uptake of mobile money across Africa. The main mobile money players according to the report are: Vodafone, Google, Orange, FIS, Paypal, Mastercard, Fiserve, Airtel, Gemalto, Alipay, MTN, PAYTM, Samsung, VISA, Tencent, Global Payments, Square, Amazon, Apple, Western Union Holdings, Comviva, and T- Mobile. Please click here to accept mobile money and cards at the checkout with us Our services include:
Our thanks to Markets and Markets for inspiration and content: https://menafn.com/1099764423/Mobile-Money-Market-expected-to-reach-USD-120-billion-by-2024-with-an-impressive-CAGR-of-287
