M-payment: this market will keep expanding

From being a niche for customers to a mainstream settlement solution, m-payment has considerably expanded in the last five years. A report revealed that the mobile wallet transaction value was at $4,296 billion in 2018. By 2020, it is predicted that this figure will increase to $13,979 billion USD.  This is a huge advancement for this particular financial market. Moreover, experts assert that the expansion innovative techs in this sector have just started. Thus, you can expect more developments from the fintech and the m-commerce industries

Mobile wallets will attract more shoppers