Future of payments
This article is part of a series of articles on the future of payments. Read more.
Need to know
- According to the Global Mobile Payment Market report, the market is projected to grow at an annual rate of 33% between 2019 and 2026, reaching US $457 billion in 2026
- Given that today more people have access to mobile devices (96%) than bank accounts (89%), it’s no surprise that established financial institutions, including central banks, are increasingly forming partnerships with mobile payment providers or developing their own services
- According to GlobalWebIndex, markets like Thailand (56%) and...