Tuesday
February 21
2017

Visa Says Malaysia Is the Next Big Mobile Payments Market

Finding the next big growth market is a challenge for pretty much anybody, and mobile payments firms are no different.

Trying to find the next major new market to step into is a balancing act; go in too soon and no one’s interested. Go in too late and all your competitors are in place and dominating the field.

A new report from Visa, conducted by YouGov, says that now may be the right time to push on a new growth market in Malaysia.

The report—the Visa Consumer Payments Attitudes study—says that about 70 percent of users would use a mobile wallet system, whether it be Apple Pay, Samsung Pay, or something altogether different.

Source: Payment Week (link opens in a new window)

Categories
Technology
Tags
digital payments, fintech, mobile money