Global Mobile Payment Methods 2018: Major Drivers & Barriers of Growth - Who is Winning the Battle of Mobile Wallets

DUBLIN, July 31, 2018 /PRNewswire/ --

The "Global Mobile Payment Methods: Full Year 2017" report has been added to ResearchAndMarkets.com's offering.

This report details the rapid growth of mobile payments worldwide, led by consumers in Asia.

The growing penetration of smartphones has led to the increased use of these mobile devices to pay for goods and services, both online and in-store. Leading this move to mobile payment are shoppers in the Asia-Pacific region, especially China. Over two-thirds of consumers in China with web-linked devices use mobile payment services such as Alipay and WeChat Pay. South Korea is another Asian nation where mobile payments are widely used.

Other regions of the world also are seeing the spread of mobile payments. Latin America follows Asia-Pacific in mobile payment adoption, with the Middle East and Africa in 3rd place, as ranked in a source. Acceptance in Europe and North America trail the emerging markets, but mobile payment usage is also spreading among consumers and merchants in these mature economies.

Key Questions Answered

• What are the key trends in global mobile payments?
• Which region is leading in mobile payment adoption?
• How do mobile payment penetration rates differ across 30+ countries?
• What are the major drivers and barriers of mobile payment growth?
• Who is winning the battle of mobile wallets?

Companies Featured

• Amazon.com Inc
• Ant Financial Services Co Ltd
• Apple Inc
• China UnionPay Co Ltd
• Deutsche Bank AG
• Google LLC
• Kakao Corp
• Klarna Holding AB
• MasterCard Inc
• Oxxo SA
• PayPal Holdings Inc
• SEQR Group AB
• Samsung Pay Inc
• Sberbank
• TWINT AG
• Tencent Holdings Ltd
• Visa Inc
• Walmart Inc
• iDEAL BV

Key Topics Covered

1. Management Summary

2. Global Developments

• Payment Methods Preferred in E-Commerce, in % of Online Shoppers, Q1 2017
• Mobile Payment User Penetration, in % of Internet Users, by Regions, Q4 2015 & Q2 2017
• Share of Internet Users Who Are Likely To Use Mobile Payment Next Year, in % of Internet Users, by Selected Countries, Q1 2017
• Breakdown of the Number of Transactions/Purchases by Payment Methods, in %, as Perceived by Businesses and by Consumers, 2016
• Factors Most Important to Consumers in Deciding to Use Mobile Payments, in %, 2016
• Share of Internet Users Who Believe That Mobile Payment is Not Secure, in %, October 2016
• Mobile Payment Security Features Demanded by Consumers and Implemented by Businesses, in %, 2016
• Attitudes Towards Mobile Payment and Mobile Money, in % of Consumers, by Developed and Developing Markets, 2016
• Contactless Payment Transaction Value, in USD billion, 2017e & 2019f
• Number of Contactless Payment Users of Apple Pay, Samsung Pay and Android Pay, in millions, 2015 - 2017e
• Apple Pay User Penetration Compared to Overall Mobile Payment User Penetration, in % of Internet Users, by Penetrated Markets, Q2 2017

3. Asia-Pacific
3.1. Regional

• Breakdown of General Payment Methods Used Most Frequently, in % of Consumers, August 2017
• Awareness and Usage of New Payment Methods, in % of Consumers, August 2017
• Top 3 Mobile Payment Services Used by Internet Users, by Selected Countries, incl. India, Indonesia, Philippines, South Korea and Thailand, in % of Internet Users, Q2 2017

3.2. Advanced Markets
3.2.1. Japan

• Online and Mobile Payment Trends, January 2018
• Online and Mobile Payment Trends, August 2017
• Awareness and Usage of E-Money Services and Smartphone Payment Services, in % of Smartphone Users, November 2017
• Mobile Payment User Penetration, in % of Individuals, May 2014, November 2015 & November 2016
• Reasons For Using Smartphone Payment, in % of Smartphone Payment Users, March 2017
• Locations of Using Smartphone Payment, in % of Smartphone Payment Service Users, November 2017
• Share of Smartphone Owners Who Have Used QR Code Payment, in %, and Share of Non-Users Who Would Like to Use It in the Future, in %, October 2017
• Most Used Smartphone Payment Services, in % of Smartphone Payment Users, November 2017

3.2.2. South Korea

• Payment Methods Used in E-Commerce, in % of Online Shoppers, October 2016
• Payment Methods Used in E-Commerce, in % of Online Shoppers, by PC and Mobile, October 2016
• Daily Average Value of Mobile Card Payments, in KRW billion, H1 2015 - H1 2017
• Top 5 Mobile Payment Services by Payment Volume, in KRW billion, January-August 2017
• Top 10 General Payment Methods Used, in % of Banked Consumers, H1 2017
• Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2018f

3.2.3. Australia

• Breakdown of Online Payments by PC/Tablet and Mobile, in %, 2013 & 2016
• E-Commerce Sales Shares of Apple Pay and Android Pay, in %, 2017e
• Share of In-Person Card Payments Made via Mobile Phone, in %, 2016
• Smartphone Payment User Penetration, in % of Consumers, May 2017
• Mobile Contactless Payment Awareness, in % of Individuals, by Total and by Generation, December 2016

3.2.4. Singapore

• Share of Credit Card Holders Who Used Mobile Wallets to Make Payments from Credit Card, 2016 & 2017

3.3. Emerging Markets
3.3.1. China

• Online and Mobile Payment Trends, January 2018
• Online and Mobile Payment Trends, August 2017
• Number of Mobile Payment Users, in millions, and Penetration, in % of Mobile Internet Users, 2014 - 2016 & June 2017
• Breakdown of Mobile Payment Users by Gender and Age Group, in %, 2015 & 2016
• Third-Party Mobile Payment Volume, in CNY trillion, by Two Comparative Estimates, 2013 - 2019f
• Third-Party Mobile Payment Volume, in CNY trillion, by Two Comparative Estimates, Q1 2016 - Q2 2017
• Breakdown of Third-Party Mobile Payment GMV by Players, in %, by Two Comparative Estimates, Q2 2017
• Breakdown of Third-Party Mobile Payment, by Type, in %, Q2 2016 - Q2 2017
• Share of Internet Users Who Use Mobile Payment in Physical Stores, in %, 2016
• Proximity Mobile Payment Users Number, in millions, and Penetration, in % of Smartphone Users, 2016 -2021f
• Payment Methods Used for In-Store Purchases, in % of Internet Users, June 2017
• Selected Mobile Payment Services Used Regularly to Make Payments, in % of Urban Consumers, 2017
• Payment Transactions Processed via Offline QR Code Scanning, in CNY billion, Q1 2016 - Q1 2017

3.3.2. India

• Payment Methods Preferred When Making Online/Mobile Payments, in % of Urban Internet Users, 2017
• Value of Payment Transactions by Selected Non-Cash Payment Methods, in INR billion, and Volume, in millions, incl. Mobile Wallets, FY 2014-2015 - FY 2016-2017
• Number of Mobile Payment Transactions, in billions, and Value, in INR trillion, FY 2016 - FY 2022f
• Breakdown of Mobile Payment Transaction Value by Segment, in %, FY 2017e
• Number of Mobile Wallet Transactions, in billions, and Value, in INR billion, FY 2016 - FY 2022f
• Breakdown of Mobile Wallet Transaction Value by Segment, in %, FY 2017e
• M-Wallet Market Size, in INR billion, FY 2016 - FY 2022f
• Mobile Wallet Transaction Value, in USD billion, FY 2015 & FY 2017

3.3.3. Indonesia

• Top 10 Mobile Payment Services Used, in % of Mobile Payment Users, September 2017

3.3.4. Thailand

• Payment Methods Used in E-Commerce, by Number of Online Shoppers and Percentage of Online Shoppers, Q1 2016
• Breakdown of Online Payment Channels Used by SMEs in E-Commerce, in %, 2016
• Value of Mobile Payment Transactions, in THB billion, and Volume, in millions, by Bank, Non-Bank and Total, 2011 - 2016

4. Europe
4.1. Regional

• Online Payment Regulatory Trends, July 2017
• Interest in New Forms of Payment, in % of Online Shoppers, 2016
• External Disruptors in European Payment Environment, in % of Payment Industry Experts, March 2017
• Main Expected Innovation Fields in Payment Methods, in % of Payment Industry Experts, March 2017
• Factors Expected to Have the Greatest Impact on the Retail Industry in the Next 2-3 Years, in % of Multichannel Retailers, January 2017
• New Technologies That European Multichannel Retailers Are Taking Advantage of, in %, January 2017
• Top Countries in Western Europe by Proximity Mobile Payment User Penetration, in % of Smartphone Users, 2018f
• Mobile Payment Transactions, in EUR billion, 2016 & 2021f
• In-Store Mobile Payment Share of Total Mobile Payment Value, in %, 2016 & 2021f

4.2. Advanced Markets
4.2.1. UK

• Online and Mobile Payment Trends, January 2018
• Online and Mobile Payment Trends, July 2017
• Share of Online Card Spending Channeled via Mobile Devices, in %, 2013 - 2016
• Most Appealing Use Cases of Open Banking, in % of Bank Account Holders, August 2017
• Proximity Mobile Payment Users Number, in millions, and Penetration, in % of Smartphone Users, 2016 -2021f
• Breakdown of Apple Pay and Android Pay Users by Age Group, in %, Compared to Total Adults, 2016
• Most Valued Aspects of Mobile Payment, in % of Mobile Payment Users, July 2017
• Share of Internet Users Who Have Used Fingerprint Technology to Pay for Goods and Who Have Used Selfie Payments, in %, 2017
• Breakdown of Frequency of Using Mobile Phone to Make Contactless Payments In-Store, in % of Smartphone Users, By Age Group, Gender and Total, 2016

4.2.2. Germany

• Online and Mobile Payment Trends, January 2018
• Online and Mobile Payment Trends, July 2017
• Factors Important to Online Shoppers When Choosing a Payment Method, in % of Online Shoppers, 2016
• Top Payment Methods Offered in an Online Store and in a Brick-and-Mortar Store, in % of Merchants, September 2017
• Payment Indicators Monitored by Online Merchants, in % of Online Merchants, 2017
• Share of Consumers Who Have Used Payment via Smartphone, in %, and Share of Non-Users Who Could Imagine Paying With a Smartphone in the Future, in %, April 2017
• Breakdown of Mobile Payment Usage, in % of Smartphone Users, Q4 2016/Q1 2017
• Reasons for Cancelling a Purchase via Smartphone, in % of Smartphone Shoppers, 2017
• Breakdown of Optimization of Payment Process for Mobile, in % of Online Merchants, 2017
• Top 10 Products and Services Paid for via Mobile, in % of Mobile Payment Users, Q4 2016/Q1 2017
• Factors that Would Encourage Smartphone Users to Use Mobile Payment, in % of Smartphone Users, Q4 2016/Q1 2017
• Most Trusted Providers, in % of Smartphone Users, Q4 2016/Q1 2017
• Top 10 Most Known Payment Providers, in % of Smartphone Users, Q4 2016/Q1 2017

4.2.3. France

• Mobile Payment User Penetration, in % of Smartphone Users, March 2017
• Number of Mobile Payment Users, in millions, June 2015, June 2016 & March 2017
• Breakdown of Willingness to Make Payments Using Smartphone, by Payment Amount, in % of Internet Users, December 2016
• Breakdown of Belief in That Smartphone Will Become the Main Mean of Payment by 2025, by Payment Amount, in %, December 2016

4.2.4. Spain

• Payment Methods Used in M-Commerce, in % of Mobile Shoppers, 2016 & 2017
• Share of Banked Consumers Who Installed Mobile Payment Apps, in %, December 2016
• Major Benefits of Mobile Payment According to Banked Consumers, in % of Banked Consumers, December 2016

4.2.5. Italy

• Breakdown of Awareness and Usage of New FinTech Services, in % of Internet Users, 2017
• Online and Mobile Retail Payment Value by Segment, in EUR billion, and Year-on-Year Change, in %, 2016
• Mobile Retail Payment Value by Sub-Segment, in EUR billion, 2016 & 2019f

4.2.6. Netherlands

• Breakdown of Mobile Purchases Made via Smartphone by Payment Methods, in %, 2015 & 2016

4.2.7. Sweden

• Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2017
• Reasons to Choose a Particular Payment Method, in % of Online Shoppers, Q2 2017
• Factors Important at the Time of Payment, in % of Online Shoppers, Q4 2016
• Awareness and Usage of Mobile Payment Solutions, in % of Internet Users, Q2 2017

4.2.8. Switzerland

• Mobile Payment User Penetration, by Current User and Potential Use, in % of Consumers, August 2017
• Breakdown of Third-Party Mobile Payment Solutions Used, in % of Users, August 2017

4.2.9. Belgium

• Breakdown of Payment Methods Used in E-Commerce, in % of Online Shoppers, April 2017, and Change Compared to 2016 and 2011
• Factors Preventing Online Shoppers From Making Purchases Via Mobile, incl. Payment-Related, in % of Online Shoppers, April 2017
• Share of Consumers Who Paid With a Smartphone In-Store, in % of Consumers, April 2017
• Mobile Payment Apps Used, in % of Mobile Payment App Users, April 2017

4.2.10. Denmark

• Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2017

4.2.11. Norway

• Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2017

4.2.12. Finland

• Payment Methods Used and Preferred in Online and Mobile Shopping, in % of Online Shoppers, Q2 2017

4.2.13. Austria

• Awareness and Usage of Payment Methods in E-Commerce, in % of Online Shoppers, January 2017

4.3. Emerging Markets
4.3.1. Russia

• Payment Methods Used in E-Commerce, in % of Online Shoppers, 2014 - 2016
• Payment Methods Used in E-Commerce, in % of Online Shoppers, by Gender and Location Type, 2016
• Categories of Products and Services Paid For Online, by Paid for via Desktop and Smartphone, in % of Internet Users in Large Cities Who Go Online From Smartphone/Desktop, March 2017
• Online Payment Methods Used to Pay for Products and Services Online, by Desktop and Smartphone, in % of Internet Users in Large Cities, March 2017
• Types of Goods and Services Paid for Via Apple Pay and/or Samsung Pay, in % of Internet Users in Large Cities, March 2017
• Attitudes to Mobile Payment, in % of Respondents, Compared to Global Average, 2016

4.3.2. Poland

• Payment Methods That Encourage Online Shoppers to Purchase Online, in % of Online Shoppers, April 2017
• Payment Methods Used in Online Shopping, in % of Online Shoppers, 6 Months to October 2017

4.3.3. Turkey

• Payment Methods Used in E-Commerce, in % of Online Shoppers, January 2017
• Breakdown of the Number of E-Commerce Transactions With Payment Cards by Mobile and Web, in %, Q3 2016
• Breakdown of Frequency of Paying via Mobile Phone, in % of Internet Users, October 2016

4.3.4. Portugal

• Payment Methods Preferred in E-Commerce, in % of Online Shoppers, June 2017

4.3.5. Hungary

• Payment Methods Preferred in E-Commerce, in % of Online Shoppers, June 2017

5. North America
5.1. Regional

• Share of Consumers Using Mobile Payment Apps at Least Weekly, by Apps from Retailers and Other Apps, 2016 & 2017
• Breakdown of Current and Planned Mobile Payment Solutions Acceptance, in % of Retailers, February 2017

5.2. USA

• Online and Mobile Payment Trends, February 2018
• Online and Mobile Payment Trends and News About Players, August 2017
• Share of Consumers Who Are Worried About Their Personal Information When Using a Mobile Payment App, in %, 2015 - 2017
• Awareness and Usage of Emerging Technologies in Shopping, incl. Mobile Payment, in % of Consumers, July 2017
• Mobile Payment Transactions, in USD billion, 2011, 2016 & 2021f
• Proximity Mobile Payment Transaction Value, in USD billion, 2016 - 2021f
• Mobile Payment Apps Used for Making Payments In Store, in % of In-Store Mobile Payment Users, February 2017
• Mobile Payment Apps Used for Preordering Food or Coffee, in % of Users, February 2017
• Mobile Wallets Used, in % of Internet Users, July 2017
• Digital and Mobile Payment Methods Used, in % of Online Shoppers, by Generation Y and Generation Z, March 2017
• Breakdown of Preferred Mobile Wallet Providers, in % of Current Mobile Wallet Users, Interested Non-Users and Total, January 2017
• Issuer Mobile Wallet Ownership, in % of Banked Smartphone Users, and Issuer Mobile Wallet Apps Used, in % of Issuer Wallet App Users, January 2017
• Merchant Mobile Wallet Ownership, in % of Banked Smartphone Users, and Merchant Mobile Wallet Apps Used, in % of Merchant Wallet App Users, January 2017
• Share of Banked Smartphone Users Who Own Apple Pay, Samsung Pay or Android Pay Wallets, and Breakdown of the Pays Owned, in % of Pays Owners, January2017
• Penetration of Apple Pay, Android Pay and Samsung Pay, by Enrolled, Have Used and Frequent Users, in % of Compatible Device Owners, January 2017
• Types of Mobile Payments Made, in % of Banked Smartphone Users, January 2017
• Most Important Features in Money Transfer or Payment Applications and Services, in % of Adults, July 2017
• P2P Mobile Payment Users, in millions, and Penetration, in % of Smartphone Users, 2016 -2021f

5.3. Canada

• Share of Online Shoppers Who Have Used Mobile Payment or Digital Wallet Service to Make a Purchase, in %, 2016 & 2017
• Share of Cardholders Who Loaded Credit/Debit Card Information on Their Mobile Phone/Wallet, in %, 2017
• Awareness of Contactless Payment Methods, in % of Credit/Debit Cardholders, H1 2017
• Breakdown of Contactless Card Payment Users and Apple Pay Users by Age Group, in %, Q2 2017
• Share of Internet Users Who Installed an E-Wallet Mobile App, in %, by Age Group, April 2017
• Share of Smartphone Users Indicating Security Concerns as a Hindrance to Making Mobile Payments, in %, by Age Group, May 2017
• Motives to Use Mobile Wallet as a Primary Payment Method, in % of Mobile Payment Users, September 2016

6. Latin America
6.1. Regional

• Share of Mobile Shoppers Who Use Mobile Wallets to Pay for Products/Services Purchased via Mobile Device, in %, by Brazil, Chile, Colombia, Mexico and Peru, August 2016

6.2. Brazil

• Payment Methods Used in M-Commerce, in % of Mobile Shoppers, September 2017

6.3. Mexico

• Online Payment Methods Used in E-Commerce, by Device Used, in % of Online Shoppers, August 2017
• Offline Payment Methods Used in E-Commerce, by Device Used, in % of Online Shoppers, August 2017
• Payment App and Wallet Penetration, in % of Banked Internet Users, July 2016

6.4. Argentina

• Most Attractive Uses of Mobile Payment Services, in % of Smartphone Users, August 2016
• Breakdown of Preferred Mobile Payment Providers, in % of Smartphone Users, August 2016

7. Middle East & Africa
7.1. Regional

• Share of Online Shoppers in MENA Who Used Smartphone to Pay for Purchases Online, in %, 2016
• Number of Registered Mobile Money Accounts in Sub-Saharan Africa, in millions, December 2005 & December 2016

7.2. Israel

• Share of Adult Internet Users in Israel Who Use Mobile Wallet Apps to Purchase Goods or Services At Least Once a Month, in %, May 2017

7.3. Nigeria

• Number and Value of Internet (Web) and Mobile Payment Transactions, in millions and in NGN billion, 2011- 2016 & H1 2017
• Breakdown of Experience with Mobile Money, in % Adults, 2016
• Main Purposes of Using Mobile Money Services, in % Mobile Money Users, 2016

7.4. Kenya

• Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, November 2016
• Mobile Payment Statistics, incl. Number of Transactions, in millions, Value of Transactions, in KES billion, Number of Accounts, in millions, and Number of Agents, in thousands, 2008 - 2017

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