Since MEF’s last Mobile Money eBulletin mobile proximity payments have taken a big step forward, in particular in China where Alipay and WeChat are becoming a popular option for in-store payments.
Elsewhere carrier billing is now a common-place channel for the purchase of digital goods and services as integration into app stores and other digital content markets rolls-out. The P2P transfer of money between mobile devices is also so well established in some growth markets that more money changes hands via mobile than any other way, including cash.
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