Friday, 28 July 2017

M-payment transaction value to top $171bn in 2012

By Nick Wood, Total Telecom
Tuesday 29 May 12

Gartner expects 448 million users worldwide to carry out mobile money transactions by 2016.

The total value of m-payment transactions will surpass $171.5 billion this year, predicted Gartner on Tuesday. That figure represents a 61.9% increase on 2011, when worldwide transaction value reached $105.9 billion. The analyst firm expects 212.2 million people to use m-payment services in 2012, compared to 160.5 million last year. For the next two years…

The total value of m-payment transactions will surpass $171.5 billion this year, predicted Gartner on Tuesday. That figure represents a 61.9% increase on 2011, when worldwide transaction value reached $105.9 billion. The analyst firm expects 212.2 million people to use m-payment services in 2012, compared to 160.5 million last year. For the next two years…

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