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Next Move Strategy Consulting

The Ultimate Germany Mobile Payment Market Report: Everything You Need to Know

The Ultimate Germany Mobile Payment Market Report: Everything You Need to Know

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According to the study by Next Move Strategy Consulting, the Germany Mobile Payment Market size is predicted to reach USD 5.13 billion, with a CAGR of 15.1% by 2030.

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The surge in the cross-border transactions emerges as a key catalyst propelling the mobile payment market expansion. As globalization gains momentum, businesses and individuals partake in international trade, commerce, and remittances on an unprecedented scale.

The Germany mobile payment market expansion faces significant barriers due to resistance from traditional financial institutions in the country.

Various market players operating in the Germany 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.

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