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Mobile Wallets Installed Base

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SOURCE RESEARCH

Mobile Payments Market: Innovation Strategies for Future Success

Report | 4Q 2024 | AN-5181

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Mobile wallets provide users with wide-ranging access to banking services. Underbanked regions, such as the Middle East & Africa and Latin America, will experience the strongest growth as mobile wallets present an opportunity to access banking services through a wallet or mobile money services, further driven by a more mature and accessible mobile ecosystem, when compared to banking.