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The Mobile Wallet market is a subset of the larger M-Commerce industry, which refers to the buying and selling of goods and services through mobile devices. Mobile Wallets are digital wallets that allow users to store payment information, such as credit card numbers, in a secure, digital format. This allows users to make payments quickly and securely without having to enter their payment information each time. Mobile Wallets also offer additional features, such as loyalty programs, discounts, and rewards.
The Mobile Wallet market is growing rapidly, driven by the increasing adoption of mobile devices and the convenience of digital payments. Consumers are increasingly turning to mobile wallets for their everyday purchases, as they offer a secure and convenient way to pay.
Some of the major players in the Mobile Wallet market include Apple Pay, Google Pay, PayPal, Venmo, and Samsung Pay. Show Less Read more