Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$13.3 Billion by the year 2027, while Latin America will expand at a 16.3% CAGR through the analysis period. China will remain among the fastest growing in this cluster of regional markets. These regional markets accounting for a combined market size of US$4 Billion in the year 2020 will reach a projected size of US$9.7 Billion by the close of the analysis period. In the global eWallet segment, USA, Canada, Japan, China and Europe will drive the 13.8% CAGR estimated for this segment. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 11.5% respectively over the 2020-2027 period. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.7 Billion by the year 2027 trailing a CAGR of 17.2% over the analysis period 2020 to 2027. is estimated at US$10.1 Billion in the year 2020.
#Telecom ewallet solution full
The Payment Processing Solutions market in the U.S. Unipier, Netanya, Israel, pioneer of Intelligent Policy Management, has announced the implementation of a full access control and eWallet solution at Wind Telecomunicazioni SpA ('Wind'), in Italy. Market is Estimated at $10.1 Billion, While China is Forecast to Grow at 17.2% CAGR The GoNow card is white labeled and allows the company launching an eWallet to keep its own brand front and center. The market size will reach 60 billion by 2025. Driven by smartphone popularity and new technologies (i.e., AI, IoT, Big Data, etc.), mobile financial services (MFS) are expanding beyond basic eWallet to encompass ecosystem payments and microfinance. There are two additional barriers that the GoNow eWallet card is designed to overcomebranding and revenue generation. Bringing New Digital Life to Mobile Money. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Debit Cards segment is readjusted to a revised 13.3% CAGR for the next 7-year period. Whatever the secure element solution, the eWallet issuer now has a choice. Credit Cards, one of the segments analyzed in the report, is projected to record a 12.8% CAGR and reach US$42.4 Billion by the end of the analysis period. 10, 2021 (GLOBE NEWSWIRE) - announces the release of the report "Global Payment Processing Solutions Industry" - ģ Billion in the year 2020, is projected to reach a revised size of US$89 Billion by 2027, growing at a CAGR of 13.2% over the analysis period 2020-2027. Amid the COVID-19 crisis, the global market for Payment Processing Solutions estimated at US$37. Akinwumi Adesina, who is currently the President, Africa Development Bank (AfDB).Abstract: - Global Payment Processing Solutions Market to Reach $89 Billion by 2027. The e-wallet system was conceived in Nigeria, and was first implemented during the President Goodluck Jonathan’s administration under former Minister of Agriculture, Dr. This technology enables more than five million farmers to get access to high quality inputs every year,” Akinboro explained. “So far, Cellulant’s e-wallet or AgriKore ecosystem, which connects everyone to everything in agriculture all the time, has been of benefits to 17 million farmers, 2500 agri-businesses 800 e-extension workers and over 2,500 service points in Nigeria. “This e-wallet system, which works on a block chain technology, provides a holistic system to link the farmers to agricultural inputs supply chain, finance and markets through integration with mobile network operators, input markets, extensions services, financial service providers, commodity market, and insurance service providers.” We will work with the government of Afghanistan to get inputs to one million farmers in the next 90 to 120 days.
He said, “Cellulant is driven to solve difficult problems on use of payment technology. “This technology allows the best available seeds and fertiliser get into the hands of hundreds of thousands of smallholder farmers to raise crop yields,” he said.Īkinboro appreciated the government and the people of Afghanistan for giving the company the opportunity, and the space to participate in making life better for smallholder farmers. Read Also: Flour Mills of Nigeria Plc Proposed 1.48bn Rights Issue
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