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November 27, 2012

Today’s chart shows key facts about mobile wallets: adoption, benefits and opportunities.

The potential of mobile payments is enormous: there are 1.3 billion active credit and debit accounts in the world, but more than 5 billion active mobile phone accounts.

In Africa and Asia, financial transactions via mobile phone are a widespread way to overcome deficits in banking infrastructure.

In the western world, the growing adoption of smartphones and the technological progress have given rise to the idea of mobile wallets.



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