Indian mobile wallet market to reach US$6.6bn by 2020

News in brief

News in brief

India’s mobile wallet market will be worth US$6.6bn by 2020, research from TechSci Research reveals. “The mobile wallet market in India is projected to exhibit exponential growth during the forecast period on account of rising smartphone penetration rate, growing mobile internet user base and increasing government support,” the company says. “Mobile wallet companies operating in India are also offering attractive deals and incentives to attract new users.”

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 23 September 2015, 12:46 • Last updated 23 September 2015, 12:46

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