Business Standard

Mobile wallet transactio­ns to touch ~32 lakh crore by 2022: Deloitte


The mobile wallet industry is expected to maintain the pace of its current expansion with transactio­n volume expected to touch 32 billion by 2022, said a report. Value of the transactio­ns is also expected to reach ~32 lakh crore by 2021, growing at a rate of 126 per cent, said the report by consultanc­y Deloitte. The volume growth is likely to be at a compounded rate of 94 per cent. With the penetratio­n of mobile Internet, ease of use and convenienc­e, are expected to continue growing in popularity.

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