Mobile Money Market to Witness Revolutionary Growth by 2025 | Vodafone Group Plc., Gemalto, Fidelity National Information Services

Over the last decade, global digitalization has been increased robustly. In addition to this, the usage of Bit Money based trading has vigorously escalated the demand for mobile money. Furthermore, growing awareness about the advanced technologies as well as the increasing usage of smart devices will generate significant demand over the forecasted period with better communication facilities. However, the majority of the low-income population have adopted the low-quality applications which are prone to theft and higher transactional costs which might stagnate the business growth. Since mobile money is one of the innovative payment types. Introduction to these highly automated platforms has simplified the use of financial services by mobile devices.

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Latest Research Study on Global Mobile Money Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Global Mobile Money Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Global Mobile Money. This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are: Vodafone Group Plc., Gemalto, Fidelity National Information Services, , Google, Mastercardorporated, Bharti Airtel Limited, Orange S.A., Monitise Plc, Mahindra Comviva, PayPal Holdings, ,

Mobile Money Market Latest Insights:

On May 22, 2019, two trusted global and domestic payment networks Mastercard and Interac has collaborated to offer Canadians a fast, simple and secure way to send money internationally. By leveraging Mastercard Send, a push-payments service that powers a faster, better, smarter way to send money cross border, the Interac eTransfer platform will allow customers to send money from Canada to bank accounts internationally, starting with Europe. National Bank will be the first bank to pilot the new international remittance solution for its personal banking clients.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Mobile Money Market various segments and emerging territory.

Market Drivers:

Growing Awareness About Advanced Digital Payment Software

Robustly Increasing Smartphone Industry leading to Rising Demand for Mobile Money

Market Trends:

Introduction to Secure Remote Commerce (SRC) which Simplifies the Digital Transactions

Growing Adoption of Technologically Secure Biometric Authentication Technology

Market Opportunity:

Minimized Gap Between Actual and Virtual Financial

Enhanced Flexibility Provisions Among the Mobile Money Services

 

Market Challenges:

Lack of Secure Platform Provision from Undeveloped Economies

Skilled and Literate Consumer Base is Required for Ideal Use of Mobile Money

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The Global Mobile Money Market segments and Market Data Break Down are illuminated below:

by Mode of Transaction (Nfc/Smart Cards, Direct Mobile Billing, Mobile Web/Wap Payments, Short Message Service (SMS), Stk/USSD), Location of Payment (Remote Payments, Proximity Payments), Nature of Payment (Person to Person, Person to Business, Business to Person, Business to Business), Type of Purchase (Airtime transfer and top-ups, Money transfers and payments)

What benefits does AMA research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Mobile Money Market Mergers & Acquisition:

On 15 May 2017, Vodafone Group Plc (“Vodafone Group”) and its wholly-owned subsidiary, Vodafone International Holdings B.V. has completed the transfer of a 35% indirect shareholding in Safaricom Limited (“Safaricom”) to Vodacom Group Limited (“Vodacom”), its sub-Saharan African subsidiary. Vodafone has been issued with 233.5 million new shares in Vodacom, increasing Vodafone Group’s shareholding in Vodacom from 65.0% to 69.7%. Vodafone retains an indirect stake of 5% in Safaricom.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Strategic Points Covered in Table of Content of Global Mobile Money Market:

  • Chapter 1 – Executive Summary
  • Chapter 2 – COVID-19 Impacts on Mobile Money Market
  • Chapter 3 – Mobile Money Market – Type Analysis
  • Chapter 4 – Mobile Money Market – Application/End-User Analysis
  • Chapter 5 – Mobile Money Market – Geographical Analysis
  • Chapter 6 – Mobile Money Market – Competitive Analysis
  • Chapter 7 – Company Profiles
  • Chapter 8 – Mobile Money Industry Analysis
  • Chapter 9 – Industrial Chain, Downstream Buyers, and Sourcing Strategy
  • Chapter 10 – Marketing Strategy Analysis
  • Chapter 11 – Report Conclusion and Key Insights
  • Chapter 12 – Research Approach and Methodology

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