Tuesday, February 22, 2011

Mobile Payments Take Hold Around the World

Mobile Payment Transaction Value Worldwide, 2010 & 2014 (billions)

Transactions will total nearly $1 trillion by 2014
A forecast from Yankee Group predicts the worldwide transaction value of mobile payments will total $984 billion by 2014, up from $162 billion last year. That includes transactions from mobile banking, international and domestic remittances, contactless cards, mobile coupons and near-field communications.A sixfold increase in the volume of mobile payment transactions is on the way in the next four years, according to one research firm.

Click Here For Complete Article

No comments:

Post a Comment