Tag: smartphones

In the not-so-distant past, navigating through the bustle of public transport meant holding onto a paper ticket. However, the concept has swiftly become a relic of a bygone era. The transition from traditional paper tickets to e-tickets has resulted in more convenience and efficiency. Apart from reducing the environmental impact, this shift has streamlined the ticketing process, offering passengers instant access through their smartphones or other digital devices, as Scanbot SDK explains.

The ubiquity of smartphones and internet access is expected to push the value of the mobile payment market to be worth $4.57trn by 2023, according to new research.

Smartphones, digital payment cards and point-of-sale terminals are expected to drive the growth of the value of the global mobile payments market from $3.71trn in 2019 to $12.4trn by 2025.