Here's which of our 42 tracked markets lead for the uptake of alternative mobile payment services.
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Continuing our mobile payments series this week, today’s chart explores which of our 42 tracked markets lead in the uptake of these alternative mobile payment services.
As we discussed yesterday, APAC leads the way for mobile payment usage. The lack of credit card culture in many SE Asian markets - many of which sit in the top 10 for uptake - has allowed them to fast-track their transition from primarily cash-driven economies into digital payment hubs. South Korea is the only market to have moved past the 50% mark for monthly users of these services, while Kenya is the only African market in the top 5.