The mobile money industry processed more than $1 trillion in 2021 ...Middle East

Quartz - Economy
The mobile money industry processed more than $1 trillion in 2021
source : Quartz ( Middle East ) () 30
Mobile money hit a new milestone last year as the value of transactions processed globally surpassed $1 trillion for the first time, according to a report released this week by the GSM Association, which tracks data in the mobile telecommunications industry.A rise in merchant payments, international remittances, and governmental humanitarian assistance are some of the factors that led to the 31% growth in transaction value over 2020.https://datawrapper.dwcdn.net/7UNVM/1/Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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