Mobile Money Market by Transaction Mode & by Nature of Payment 2016 by Transaction Mode (NFC/Smartcard, SMS, Mobile Ap | Page 2
Asia-Pacific is expected to account for the largest market share in the mobile money market
in the forecast period 2016–2021. This is because of large-scale acceptance of mobile money
services by the users along with the escalating advancements in regulations and technologies
benefitting all the stakeholders present in the mobile money ecosystem in this region with a
vast number of mobile subscribers present in this region.
The major vendors in the mobile money market are Vodafone Group Plc, Gemalto, FIS,
Google Inc., Mastercard Incorporated, Bharti Airtel Limited, Orange S.A., Monitise Plc,
Mahindra Comviva, and PayPal.
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