Alternative Payment Channels - New Market Research Report
Payments are moving from cash based to cash-less transaction. The resilience of the electronic payments market is proved, with the number of transactions increasing from 17.9 billion in 2010 to 21.3 billion in 2011, registering growth of 19% y-o-y, despite economic volatility. Meanwhile the aggregate value of global e-payments is expected to reach approximately EUR1.4 trillion in 2013. While online payment services or e-commerce are more prominent in developed economies owing to the high penetration of the internet, mobile payments...
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