A report from Allied Market Research said that the global mobile payment market size was valued at $1.48 trillion in 2019, and is projected to reach $12.06 trillion by 2027, growing at a CAGR of 30.1% from 2020 to 2027.
Notable NASDAQ listed companies include the renowned PayPal Holdings, Inc. (NASDAQ:PYPL), Square, Inc. (NYSE:SQ) and Apple (NADAQ:AAPL) with its Apple Pay. A quickly rising enterprise in the industry is the OTCMarkets company iQSTEL, the company has a B2B division and a B2C division catering to several industries including fintech through its subsidiary Global Money One!
The Fintech business line (www.globalmoneyone.com) (www.maxmo.vip) offers a complete Fintech ecosystem MasterCard Debit Card, US Bank Account (No SSN Needed), Mobile App/Wallet (Remittances, Mobile Top Up). iQSTEL Fintech subsidiary, Global Money One, is to provide immigrants access to reliable financial services that make it easier to manage their money and stay connected with their families back home.
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