Global mobile wallet market size in 2020 with forecasts to 2025, by region
the world's leading country on proximity mobile payments - contactless payments which involve a smartphone - due to the popularity of Alipay and Tenpay.
Use of apps like Apple Pay or Google Pay in North America is believed to double between 2020 and 2025, although Asia's market size will be significantly larger. This according to forecasts on the value of conducted transactions with this payment technology. Mobile wallets include but are not necessarily the same as NFC or contactless wallets: the figures shown are on apps such as PayPal or Google Wallet that allow consumers to upload credit card or debit card details to their phone to make a purchase either online or in-store. China was seen as