The evolution of digital and mobile wallets

The Evolution of Digital and Mobile WalletsThis 24-page white paper examines the history, current status and likely future development of the digital and mobile wallet market and examines the way forward for each of the different types of provider: financial institutions, card networks, mobile network operators, merchants and new entrants.

“The Evolution of Digital and Mobile Wallets” has been produced by global research and advisory firm Aite Group for mobility solutions provider Mahindra Comviva and looks in detail at what a digital wallet is, at each of the available delivery technologies including NFC, optical/QR codes,online transactions and text-message based transactions and at the growth potential of the market as a whole.

It then examines how digital wallets are most likely to evolve, investigating online acceptance models, the drive to reduce friction, mobile wallet acceptance, the evolution of the mobile wallet space, the blended digital-mobile wallet, regional differences and wallet economics.

The paper then reports on wallet provider strategies and the likely future roadmaps for each stakeholder group, then concludes with seven key takeaways.

This white paper is sponsored by Mahindra Comviva and has been approved by the NFC World editorial team.

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This 24-page document is available free of charge to NFC World Knowledge Centre members (PDF format, 768KB).

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This item is part of the Mobile Payments Knowledge Centre.