Mobile wallets: Europe is behind other nations

 

As advanced in a previous article, more people are using mobile wallets in Europe and this will keep happening. Nonetheless, despite the growth in such payment gateways, the continent is still behind emerging markets when it comes to such financial services. The two markets that will expand most significantly by 2025 are expected to be Africa and The Middle East and Latin America. Moreover, the study has shown that seven of the top 10 fastest growing countries for these mobile payment purchases will be from these regions.

Photo credit: Kaboompics from Pixabay

Emerging markets have more mobile wallet users