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Mobile Wallet Growth Predicted in Market

  • CXO, Tuesday, November 25, 2014 1:43 PM
When Apple entered into the mobile wallet space, experts predicted it would change the fortune of the mobile wallet (m-wallet) and mobile payments industry in India. True to their assumption, the m-wallet market, which includes money transfer, services related to banking transactions, value-added services such as shopping, ticketing, recharging and bill payments, and has been nascent until recently is fast picking up, and is estimated to grow over three-fold in the next five years.

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