Mobile Payments in Latin America: Regulation and Collaborative Service Models Drive Growth - Market outlook 2020-30 with Analysis 2016 and Forecast Report
"Mobile
Payments in Latin America: Regulation and Collaborative Service
Models Drive Growth"
The Report covers current Market Trends, Analysis, Forecast, Review,
Share, Size, Growth, Effect.
Description-
‘Mobile
Payments in Latin America: Regulation and Collaborative Service
Models Drive Growth' report by Pyramid Research provides overview of
the mobile payments market in Latin America. It examines various
mobile payments service models, ecosystem and value-chain and widely
adopted mobile wallet technologies in Latin America.
Key Findings
- The mobile payment systems are more popular in the LATAM countries with established national initiatives financial inclusion and well-defined regulatory framework to promote the entry of non-bank services in Latin America.
- Operators are actively looking to take advantage of cross-sector collaboration to promote m-payments in LATAM.
Operator-led
mobile payment business model are more popular in smaller markets
with large unbanked population, whereas collaborative models are more
prominent in markets with strong financial sectors.
- Operators are focusing on offering affordable and simplified services to boost the demand for mobile payment services among customers. Telcos will focus on interoperability aspect as key service differentiator.
Synopsis
The mobile payments market in Latin America have evolved gradually driven by country specific national initiatives and regulatory reforms to foster financial inclusion and promote the entry of non-banking services in the country. Telcos are evolving their mobile payment services from basic remote payments to full payment services including remote payments, m-POS, m-commerce and NFC. In Latin America cross-sector collaborative mobile payment business models are more popular and telcos are emphasizing on partnerships across private and government sectors to drive innovation and offer simplified and affordable mobile payment services with interoperability being the key service differentiator for telcos.
The mobile payments market in Latin America have evolved gradually driven by country specific national initiatives and regulatory reforms to foster financial inclusion and promote the entry of non-banking services in the country. Telcos are evolving their mobile payment services from basic remote payments to full payment services including remote payments, m-POS, m-commerce and NFC. In Latin America cross-sector collaborative mobile payment business models are more popular and telcos are emphasizing on partnerships across private and government sectors to drive innovation and offer simplified and affordable mobile payment services with interoperability being the key service differentiator for telcos.
The Insider report provides in-depth
analysis of the following:
- Introduction: This section presents taxonomy of mobile payment services to provide a conceptual structure for the analysis, taking the perspective of mobile operators.
- Market context: This section examines the LATAM mobile payment market analysis, mobile payment service drivers and inhibitors, technology enablers and regulations pertaining to mobile payment services in Latin America.
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