Mobile Payments Expected to Double in Five Years

mobile payment 150x150 Mobile Payments Expected to Double in Five YearsMobile payments are growing fast and are predicted to hit $670 billion by 2015. That’s up from $240 billion this year.

A new report from Juniper Research predicts that mobile payments will grow two to three times over the next five years as more options for paying for goods via devices spring up, according to Portfolio.com.

Visa, Google and other big players have mobile payment technology in the works so you can expect to hear more on the subject soon.

Read more: http://www.portfolio.com/views/blogs/the-tech-observer/2011/07/05/mobile-payments-to-double-in-five-years#ixzz1RFhqkdTQ

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