Currently, cash is more popular than mobile payment services. However, a report has demonstrated that
solutions such as e-wallets and mobile
wallets are being increasingly utilised. These financial tools are part of several consumers’ daily life.
According to predictions, by 2026, cash use will decrease to just 21
percent of the total spending environment. On the other hand, throughout the
same period, digital
settlement services will continue to rise. They will go through a compound
annual growth rate (CAGR) of just over 30 percent.
Mobile
payment services are on the rise
Comments
Post a Comment