Fun Factoid: Follow the Money and the Bandwidth

Juniper Research forecasts global eCommerce transactions made via OEM Pay will exceed 30.7 billion by 2026, rising from 6.1 billion in 2022. This 403% growth will be driven by rapidly increasing customer demands of frictionless checkout experiences across multiple eCommerce channels.

And, since OEM Pays are the Mobile Payment Applications (MPA) of the mobile device producers, which allows users to add cards from multiple banks to the wallet application, this may need a bit of bandwidth, right?

Source: https://www.juniperresearch.com/infographics/following-the-money-oem-pay-redefining-ecommmerce?utm_source=juniper_eshot&utm_campaign=pr1_digitalidentity2022_financial_fintech_jan22&utm_medium=email