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Mobile Funds Transfer 2009-2018

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Report Summary:

This report provides Strategy Analytics’ quantitative outlook for mobile handset-based money transfers, excluding NFC. On a per capita basis the developing world continues to show a heavier dependence on mobile payments, as large numbers of unbanked consumers have fewer payment alternatives available to them than consumers in wealthier countries. By 2018 over 2% of sub-Saharan Africa’s regional GDP is expected to flow through mobile payment systems. Mobile payments are slowly gaining traction in North America and Western Europe, both through closed systems like Starbucks’ mobile payment app as well as open systems like LevelUp, which claims over a million users.
Table of Contents

  • Summary
  • Definitions
  • Global Summary
  • Regional Detail

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