Mobile payments are defined as any payment transactions whether in store or remote executed on the mobile phone. In the recent years, increased penetration of smartphones across the globe, comfort in using the applications and busy lifestyle is increasing the usage of mobile payment systems. Owing to its essential nature in today’s fast and busy lifestyle, mobile payments are gaining speed across the globe. The changing attitude of consumers and urge for faster transaction is creating positive impact on the mobile payments market.
In 2014. APAC held maximum number of mobile payment system users in 2017, and is estimated to continue the same trend growing a CAGR of 22% through 2025.

Market Analysis and Insights: Global Mobile Payment Transaction Market
The global Mobile Payment Transaction market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Mobile Payment Transaction market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Mobile Payment Transaction market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Mobile Payment Transaction market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Mobile Payment Transaction market.

Global Mobile Payment Transaction Scope and Market Size
Mobile Payment Transaction market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Mobile Payment Transaction market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Near Field Communication (NFC)
Direct
WAP
SMS
USSD
Others

Segment by Application
Travel and Ticketing
Banking
Merchandise
Food and Beverages
Airtime
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
PayPal
GoogleWallet
MasterCard
Visa
LevelUp
Brain Tree
MoneyBokkers
Worlpay
Clinkle
Single Point