There will be over 5 billion mobile phone subscriptions worldwide in 2010. By the end of 2009, that number had already reached 4.6 billion subscriptions, or a 67 percent global penetration rate
Source: International Telecommunications Union,
February 23, 2010
Source: International Telecommunications Union,
February 23, 2010
Mobile Payments market to quadruple by 2014, reaching $630bn in value
Source: Juniper Research,
May 4, 2010
Source: Juniper Research,
May 4, 2010
Nearly half of mobile phone users worldwide to make Mobile Payments by 2014
Source: Juniper Research,
April 21, 2010
Source: Juniper Research,
April 21, 2010
The worldwide number of users of mobile banking and related services is forecasted to grow from 55 million users in 2009 at a compound annual growth rate (CAGR) of 59.2 percent to reach 894 million users in 2015
Source: Berg Insight,
April 23, 2010
Source: Berg Insight,
April 23, 2010
The latest annual, quarterly and monthly data reported by central banks show that officially recorded remittance flows to developing countries reached $316 billion in 2009
Source: World Bank,
April 23, 2010
Source: World Bank,
April 23, 2010
CPNI Inc. provides systems software and participates in the operation of systems infrastructure for distributed payment processes. The company is based in Toronto, Canada. The President and CEO of CPNI is Patrick Bird, founder and CEO of the company that developed the first secure microcomputer co-processor and co-creator of the first commercial Virtual Private Network.
Working with territory partners and financial institutions, CPNI's PAT solution is changing the financial message acquisition process for domestic and cross-border money transfers and payments.