Mobile payments will approach $1 trillion by 2015 in the United States if retailers receive lower payment-processing fees based on a more efficient system, according to projections by International Telecom Strategies’ The Luciano Group.
While recent reports predict that mobile payment spending will reach $214 billion in the U.S. by 2015, that figure depends on the services that dominate the market at that time, but the mobile payments revolution is far more significant than just these new tools. Read More
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