iTWire Friday, 09 July 2021 11:11 Boku study projects that 4.8 billion mobile wallets will be in use by 2025 Shares Fintech Boku found in its study that mobile wallets use will rise by nearly 74% and estimated that there will be 4.8 billion wallets by the end of 2025. The study cited that e-commerce and mobile apps drove the growth of mobile wallet adoption. One in two people will use a mobile wallet by 2025, according to a study by Boku. The study, 2021 Mobile Wallets Report, in partnership with Juniper Research, found that at the end of 2020, there were over 2.8 billion mobile wallet in use. The number is projected to rise by nearly 74% to reach 4.8 billion mobile wallets by the end of 2025—nearly 60% of the world’s population.