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Five times more mobile money users expected in emerging markets within five years

A new research report from Berg Insight expects the number of mobile money users in emerging markets to grow from 61 million active users in 2011 to 381 million by 2017; a compound annual growth rate of 36%.

Meanwhile the total value of mobile money transactions is forecast to grow from $44 billion last year to $395 billion (£246 billion) in 2017, the equivalent of a 44% increase each year.

Author: The Fonecast
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