<p>At the same time, the number of users carrying out transactions using mobile money is expected to total 340 million by 2014, equivalent to 5 per cent of existing mobile subscribers across the globe, the report said.<br /><br />There were 81.3 million people worldwide that used their mobile devices to make payments in 2009 and the value of m-payments stood at US$69 billion during the period, according to an estimate. <br /><br />The report said mobile money is being seen as the key for many operators in Asia to provide value-added services to customers and operators in emerging markets, such as the Philippines and Bangladesh, as well as a catalyst for bringing banking services to the large unbanked population of these countries.</p>
<p>At the same time, the number of users carrying out transactions using mobile money is expected to total 340 million by 2014, equivalent to 5 per cent of existing mobile subscribers across the globe, the report said.<br /><br />There were 81.3 million people worldwide that used their mobile devices to make payments in 2009 and the value of m-payments stood at US$69 billion during the period, according to an estimate. <br /><br />The report said mobile money is being seen as the key for many operators in Asia to provide value-added services to customers and operators in emerging markets, such as the Philippines and Bangladesh, as well as a catalyst for bringing banking services to the large unbanked population of these countries.</p>