Mobile P2P Blasts Off With 40% CAGR Since 2015
- Webinar Date: February 21, 2018
- Time: 10:00 AM to 10:45 AM (PST)
- Presented by :
- Michael Moeser
- Research Topic(s):
- Tech & Infrastructure
- Paid Content
The growing demand for digital and card-based payments has meant that consumers are carrying less cash in their wallets and are subsequently more inclined to use digital person-to-person (P2P) payment services when repaying someone. The P2P market has grown by a compound annual growth rate (CAGR) of 18.7% since 2015, reaching to more than half a trillion dollars in volume in 2017. The mobile P2P channel has grown the quickest, at 39.5% CAGR, as a result of the consumer shift to “cashless” repayment methods.
Join Javelin as we:
- Map out evolution, size and potential of domestic P2P market
- Describe the role of mobile technology on P2P market
- Examine the opportunities and challenges of evolving functionality of P2P
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