Mobile payment users seen to reach 109 million

Mobile payment users worldwide are forecast to increase 2.1 percent to 109 million by the end of 2010, a US-based research firm said in a report.
Gartner Research said total mobile payment transactions will total nearly 4.5 billion in 2012, up from just 125 million in 2007, growing at an annual compounded rate of 105 percent.
In the Philippines, the Bangko Sentral ng Pilipinas (BSP) estimates that there are at least eight million Filipinos using mobile phones to make bills payments and other banking related activities.
According to Gartner Research, mobile payment users in the Asia and Pacific region will surpass 62.8 million in 2010 and represent 2.6 percent of all mobile users in the region.
In Europe, the Middle East and Africa, mobile payment users will total 27.1 while in North America, mobile payment users will number 3.5 million and represent 1.1 percent of all mobile users in the region.

Philippine Star – Mobile payment users worldwide are forecast to increase 2.1 percent to 109 million by the end of 2010, a US-based research firm said in a report.

Gartner Research said total mobile payment transactions will total nearly 4.5 billion in 2012, up from just 125 million in 2007, growing at an annual compounded rate of 105 percent.

In the Philippines, the Bangko Sentral ng Pilipinas (BSP) estimates that there are at least eight million Filipinos using mobile phones to make bills payments and other banking related activities.

According to Gartner Research, mobile payment users in the Asia and Pacific region will surpass 62.8 million in 2010 and represent 2.6 percent of all mobile users in the region.

In Europe, the Middle East and Africa, mobile payment users will total 27.1 while in North America, mobile payment users will number 3.5 million and represent 1.1 percent of all mobile users in the region.

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