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Top countries with the highest rates of mobile payments

Top countries with the highest rates of mobile payments
More than half a billion people just in China will pay for their purchases using mobile phones this year, according to research by Statista Digital Market Outlook.
However, as noted in the study, the annual transaction cost per customer in China will be lower than in the United States, the United Kingdom, and France.
Below ITRADER will tell about three countries that are leading in the world in mobile payments:
3rd place: Indonesia
https://preview.redd.it/jjmh3wrndv331.jpg?width=852&format=pjpg&auto=webp&s=a3c3bb65c97c8d2b7e7c20ddb77d7cbcd3817d4c
Dissemination: 15,9%
Indonesia is currently experiencing a transformation of online commerce. The population of the region is passionate about the innovation of mobile devices and the expansion of their use.
Therefore, it is not surprising that mobile payments or electronic wallets are considered the most popular payment method in the country.
2nd place: India
https://preview.redd.it/7jv0aqwudv331.jpg?width=800&format=pjpg&auto=webp&s=7ed3e9899fb5fb3416a0288b7d96add07062adeb
Dissemination: 29,5%
The Unified Payment Interface (Unified Payment Interface) launched on April, designed for mobile devices.
Now sending and receiving money will be as easy as sending an e-mail or SMS-message. The National Payment Corporation of India developed the project.
Mobile payments will boost e-commerce and the spread of financial services.
1st place: China
https://preview.redd.it/c8q7lzx1ev331.jpg?width=852&format=pjpg&auto=webp&s=c4eab679614d8572d4c1980ac1480e2360577bb4
Dissemination: 35,2%
Mobile payments in China have become so commonplace that cash payment now seems something strange.
The Chinese mobile payment market is dominated by two services - WeChat Pay and Alipay. Their active user base is in the hundreds of millions. Bank cards in China have not taken root as in the rest of the world.
However, mobile payments in just a few years have become an integral part of life.
You can find more information about the cryptocurrency, stock market, and FOREX on the ITRADER site.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
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Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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