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NFC Payments Are Picking up in Developed Economies but Emerging Economies Are Different [Infographic]

In recent years, there has been a tremendous growth in mobile payments (although hype exceeded reality). Increased shipment of smartphones, growing adoption and usage of mobile wallets/payments, change in consumer habits and growing retail acceptance of newer methods – all of them are signs of the market in favor of mobile payments.

LTP has come up with an infographic that talks about different modes of mobile payments prevalent in different countries in the world. The main objective of this infographic is to give an idea of which mode of mobile payments is common in different regions of the world and where the opportunities lie. The focus is on proximity payments. In the infographic, we h ...

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