Melisande Mual
02 Nov 2017 / 5 Min Read
According to eMarketer’s latest proximity mobile payment forecast, China is moving toward a cashless society as the benefits of using mobile phones to pay offline becomes ubiquitous in cities and spreads to rural areas.
eMarketer has raised its projections by more than 86.0% for 2017, and now expects 461.4 million people in the country to use a phone to pay at the PoS.
By 2021, 79.3% of smartphone users will be tapping, scanning and swiping at the POS. By comparison, the US will have 31.0% of users doing so, and that figure will be 23.0% in Germany.
Melisande Mual
02 Nov 2017 / 5 Min Read
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright