Mobile wallet is gradually displacing cash in India, says GlobalData — GlobalData — “India is one of the top markets globally in terms of mobile wallet adoption with 55.4% survey respondents indicating that they have a mobile wallet and use it. India is followed by China and Denmark… Mobile wallet transactions grew manifold in last five years, rising from R24bn (US$370.6m) in 2013 to R955bn ($14.74bn) in 2017, and will surpass R1tn ($15.44bn) mark in early 2018.”
- Apple goes live with Tap to Pay on iPhone in Brazil
- National Payments Corporation of India launches NFC-enabled QR codes and contactless voice payments on UPI
- Apple rolls out iOS 17 with support for music, games and contact sharing via NFC
- Translink lets school students use digital IDs to prove their eligibility for concessionary fares
- EMVCo forms electric vehicle open payments task force
This article is more than five years old