Global Australia Mobile Payment Market Overview: Strategies for 2030

According to the study by Next Move Strategy Consulting, the Australia Mobile Payment Market size is predicted to reach USD 1739.2 million, with a CAGR of 16.9% by 2030.

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The shift towards cashless societies is a significant catalyst driving the mobile payment market growth in Australia. As societies worldwide increasingly adopt digitalization and convenience, cashless payments have emerged as the preferred mode for transactions.

The widespread adoption of smartphones and the growing penetration of the internet are pivotal factors driving the Australia mobile payment market demand.

Various market players operating in the Australia mobile payment industry include Alphabet, Inc. (Google), Alibaba Group Holdings Limited, Amazon.com, Inc., Apple, Inc., PayPal Holdings, Inc., Visa, Inc., Tencent Holdings Limited (WeChat), MasterCard International, Inc., Samsung Electronics Co. Ltd., Block, Inc., and others.