Report highlights the potential of the Latin American market The mobile payments market in Latin America is expected to see explosive growth in the coming years. A recent report from Pyramid Research shows that Latin America is becoming a very attractive mobile market, which is attracting the attention of prominent companies that have an interest in the mobile space. Mobile subscriptions throughout the region have risen to 735 million, with 62% of all mobile devices being sold in the market being smartphones. Latin America is becoming an attractive home to…
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Mobile commerce continues to grow in Latin America
Latin America is proving to be an attractive mobile commerce market Mobile commerce is gaining momentum in Latin America. A recent report from Ericsson shows that many consumers in the region have begun to embrace mobile technology. Growing smartphone and tablet penetration is leading to more participation in mobile commerce. As this trend continues, companies like Visa and MasterCard are beginning to show more interest in the mobile market of Latin America. In the coming year, more people than ever before are expected to participate in mobile payments. Report predicts…
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