MOBILE PAYMENT TECHNOLOGIES MARKET ANALYSIS

Mobile Payment Technologies Market, By Type (Proximity Payment and Remote Payment), Type Purchase (Airtime Transfers & Top-ups, Money Transfers & Payments, Merchandise and Coupons, Travel and Ticketing and Others), By End-use Application (Hospitality & Tourism Sector, BFSI, Media & Entertainment, Retail Sector, Health Care, Education and Others)and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Key Developments

Key players in the market are focused on partnerships and collaborations, in order to enhance the market presence. For instance, in April 2017, PayPal Inc. partnered with Google Inc. to users to link their PayPal account to Android Pay, Google’s mobile payment platform.
Major market players are involved in mergers and acquisitions, in order to gain a competitive edge in the market. For instance, in April 2019, MasterCard International Inc. acquired Vyze, point-of-sale financing company that offers retailers access to a network of creditors so that customers can get different financing options during the purchase.