Mobile Payments Market – Overview and Outlook by Potential Growth

mobile payment market size was accounted at $1.48 trillion in 2022 and is projected to reach $12.06 trillion by 2028 with a growing CAGR of 30.1% over the forecast period.
Mobile payments are an alternative payment method that uses cash, credit cards, and checks as payment methods. Customers may use portable devices such as smartphones, laptops, and other mobile devices to make purchases of certain services and goods.

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