Global IT Spending Market by Mobile Payment Service Providers Will Grow At A CAGR Of 12.26% by 2019
Researchmoz added Most up-to-date research on "Global IT Spending Market by Mobile Payment Service Providers 2015-2019" to its huge collection of research reports. Proliferation of mobile devices has created a market for mobile payments. Mobile payments are transactions that can be carried out using mobile devices such as smartphones. Mobile payments are a revolutionary trend in the digital payments industry and use technology such as NFC for touchless payments. They enable online purchases and payment of bills. The growth of the global mobile payment market has been stimulated by an ever growing m-commerce market and adoption of smartphones, along with the availability of value-added services at affordable costs. Mobile payment service providers such as PayPal, Mastercard, AmazonPay, and Google Wallet are increasingly investing in IT to enhance their technological capabilities, ensure operational efficiency, and keep pace with a growing customer base. Mobile payment se...