The global mobile wallet market is set to grow a lot during the coming years. This is because more and more new companies are starting up in the e-wallet business, and that's driving the growth in the mobile wallet market. In February 2021, the First International Bank of Israel launched a new payment service called FibiPay. It's a digital wallet that lets you pay directly from your phone without needing cash or a credit card. The cool thing is it works with Android smartphones, and you can link your credit card securely through the bank app. With FibiPay, you can make payments with just a tap, quick and easy, at any store.
In that same month, the web browser Opera rolled out a new European e-wallet called Dify. Opera has a massive user base globally, with 380 million monthly users and 50 million in Europe alone. Dify offers a bunch of services, including cashback for online shopping right in the browser, a way to manage your savings, investment opportunities, and instant cashback. Besides the cashback features, Dify also works with a current account, a free virtual debit card from Mastercard, and it supports Google Play. So, these new e-wallet startups are making a big contribution to the global mobile wallet industry.
If you want to check out a sample of our report on the Mobile Wallet Market, you can do that here: [link to the sample request page].
Now, let's talk a bit about the market coverage. The numbers we have are for the years 2023 to 2030, with the base year being 2022 and forecasting until 2030. We've divided things up by application and mode of payment. The regions we're looking at include North America, Europe, Asia-Pacific, and the rest of the world. Some big players in this game are Apple, Google, American Express, PayPal, Amazon Pay, Adyen, Airtel Payments Bank, Alipay, and Allied Wallet.
Breaking it down a bit more, we're looking at applications like restaurants, retail, public transport, and others. When it comes to payment modes, we've got proximity payment and remote payment.
Here's a quick rundown of the regions we're covering:
- North America with the United States and Canada
- Europe with the UK, Germany, Spain, France, Italy, and the rest of Europe
- Asia-Pacific with India, China, Japan, South Korea, and the rest of APAC
- Rest of the World
Now, let's take a look at some company profiles. We've got big names like Adyen, Airtel Payments Bank, Alipay, Allied Wallet, Amazon Pay, American Express, Apple, Boku, China Union Pay, Dwolla, Due, First Data, Google, Chase, Mastercard, Mobikwik, PayPal, Soft Bank, Samsung Pay, and Vodacom Group.
So, there you have it – the lowdown on the global mobile wallet market, where it's headed, and who's making waves in this ever-growing industry.
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