Strategic Insight into the U.S. Mobile Wallet Market

A wide range of financial services are currently being offered through the mobile channel in the United States. These include mobile banking services, peer-to-peer remittance services; and mobile shopping and price comparison services. This Frost & Sullivan’s strategic insight on the U.S. mobile wallet market presents an analysis of the key trends in the U.S. near field communication (NFC)-driven mobile payment industry. Several other payment-related value-added-services (VAS) can also be offered via the mobile channel. A brief overview of these VAS is also provided in this insight.