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Global Mobile Payment security Software Market to grow at a CAGR of 23.7% during the period 2016-2020.

Thursday, November 17, 2016 5:27
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About the Mobile Payment Security Software

Due to the growing instances of theft of confidential financial data, a number of customers are adopting mobile payment security software for mobile devices. This will prevent fraudsters from gaining access to credit and debit card details as the entire payment transaction requires authorization between the merchant’s acquirer and issuing bank.

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The rising adoption of m-commerce and mobile banking is likely to increase the adoption of mobile payment security software. There is also a growing need to secure personal financial information among users, which is fostering the growth of the market.

global mobile payment security software market to grow at a CAGR of 23.7% during the period 2016-2020.

Key vendors

• Apple

• CA Technologies

• Gemalto

• Google

• VASCO

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Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

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