Overview
Mobile apps with integrated payment features are now mainstream ways for consumers to shop, order and pay for almost any product or service. The emergence of mobile significantly impacts the value chain of payments from merchant acquirers to card networks/issuers to merchants. A new research report from Mercator Advisory Group, U.S. Mobile Payments Market Forecast, 2016–2025: Merchants Grow as Mobile Goes Mainstream, discusses the developing segments of the mobile pay landscape and how consumer behavior is impacting various players. Additionally, the report presents Mercator’s mobile payments market data forecast.
“Consumers are in the driver’s seat related to deciding when, where, and how to buy from merchants. Lifestyle commerce reflects people on the go, making quick and frequent stops, for coffee or a snack as well as for the convenience of ordering meals for takeout or delivery. Mobile payment apps fit this buying model perfectly, and we should expect more vertical retail markets to meet these trending consumer patterns,” commented Raymond Pucci, Director, Merchant Services at Mercator Advisory Group, and author of this report.
This report is 20 pages long and has 9 exhibits.
Companies mentioned in this report: Alipay, Amazon, Apple, Best Buy, CardFree, Citi, CVS Health, Facebook, Google, Grubhub, JP Morgan Chase, Kohl’s, LevelUp, Mastercard, PayPal, Samsung, Shell, Starbucks, Target, Visa, Walmart, and WeChat.
One of the exhibits included in this report:
Highlights of this research report include:
- Digital shopping and mobile payments dynamics
- Opportunities and challenges impacting mobile payments
- U.S. mobile payment ecosystem
- Mercator mobile payment market data forecast
- Vertical market mobile pay growth prospects
Learn More About This Report & Javelin
Related content
A New Era of Chargeback Management
The chargeback—a forced refund to a cardholder’s account that is initiated by the issuing bank—turns 50 years old later this year. The maneuver, legislated into existence to foster...
The Real Potential of Payment Orchestration
“Payment orchestration” is a term with a lot of hype and, as yet, a hard-to-pin-down definition. The space is still nascent, without a true leading provider and without wide adopti...
AI Was the Talk of NRF 2024
Artificial intelligence and its potential to transform merchant operations has been a hot topic for some time. At the National Retail Federation’s annual conference in New York in ...
Make informed decisions in a digital financial world