The world’s population is bursting at the seams and is estimated to be nearing 7 billion. Nothing in the history of consumer products has ever come close to the penetration reached by mobile devices which are estimated to be around 5.5 billion – equally popular in all parts of the globe – irrespective of economic conditions or geographic location. In many developed markets the number of mobile devices has overtaken the size of the population. Smart phones and mobile tablet devices are making the mobile experience a lot richer and more useful than ever before. More and more, we see the migration of communication on a mobile device from the ear to the eye.
Edgar, Dunn & Company (EDC), in partnership with Payment Cards and Mobile (PCM) have published the latest edition of the Advanced Payments Report.
The Advanced Payments Report 2012, sponsored by MasterCard Worldwide, is based on a review of the global payments landscape, surveys of payments industry stakeholder opinion, and discussions with more than 500 industry executives and thought leaders.