An $8 Billion Revenue Opportunity for the Mobile Money Transfer Market, According to ABI Research

LONDON--(www.AllPayNews.com)--Transferring funds safely and securely using mobile phones has the potential to revolutionize the way people around the world utilize their money, and it holds the promise of driving great social benefits in the developing world. But perhaps its most important attribute lies in the short term: mobile operators have a significant opportunity to draw further revenue from existing network investments.

According to a recent study by ABI Research, the mobile fund transfer market will see a near $8 billion revenue opportunity for mobile operators by 2012