The number of users in the 'Mobile POS Payments' segment of the fintech market in Indonesia was forecast to continuously increase between 2024 and 2028 by in total 8.9 million users (+14.46 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 70.44 million users and therefore a new peak in 2028. Notably, the number of users of the 'Mobile POS Payments' segment of the fintech market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Mobile POS Payments market refers to transactions made on mobile devices, such as smartphones or tablets, to process transactions at the point of sale. The payment in this case is made by a contactless interaction of the smartphone app with a suitable payment terminal belonging to the merchant. The data transfer is made via wireless standard NFC (Near Field Communication) or by scanning a QR code to initiate the payment. Users pay for a purchase via a mobile wallet application by triggering an online bank transfer or by using a digitally stored credit or debit card (Host Card Emulation). mPoS payments are becoming increasingly popular as they allow businesses to offer more flexible and convenient payment options for customers, and can also help to reduce costs and improve efficiency. Additionally, mPoS payments can also provide businesses with valuable data and insights into customer behavior and purchasing habits.
Additional Information:
Key players in this market are ApplePay, Google Wallet and Samsung Pay.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista Market Insights. (January 22, 2024). Number of users in the mobile POS payments segment of the fintech market Indonesia from 2018 to 2028 (in million individuals) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1437312/number-of-users-mobile-pos-payments-digital-payments-market-indonesia
Statista Market Insights. "Number of users in the mobile POS payments segment of the fintech market Indonesia from 2018 to 2028 (in million individuals)." Chart. January 22, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1437312/number-of-users-mobile-pos-payments-digital-payments-market-indonesia
Statista Market Insights. (2024). Number of users in the mobile POS payments segment of the fintech market Indonesia from 2018 to 2028 (in million individuals). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1437312/number-of-users-mobile-pos-payments-digital-payments-market-indonesia
Statista Market Insights. "Number of Users in The Mobile Pos Payments Segment of The Fintech Market Indonesia from 2018 to 2028 (in Million Individuals)." Statista, Statista Inc., 22 Jan 2024, https://www.statista.com/forecasts/1437312/number-of-users-mobile-pos-payments-digital-payments-market-indonesia
Statista Market Insights, Number of users in the mobile POS payments segment of the fintech market Indonesia from 2018 to 2028 (in million individuals) Statista, https://www.statista.com/forecasts/1437312/number-of-users-mobile-pos-payments-digital-payments-market-indonesia (last visited November 05, 2024)
Number of users in the mobile POS payments segment of the fintech market Indonesia from 2018 to 2028 (in million individuals) [Graph], Statista Market Insights, January 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1437312/number-of-users-mobile-pos-payments-digital-payments-market-indonesia
