Mobile Future

Mobile Payments on the Rise

New research forecasts the total value of mobile payments to reach $670 billion in the next four years.  As reported in GigaOM, Juniper Research estimates the mobile payment market to virtually triple by 2015.  Contributing to the growth in mobile payments is Square, the mobile payment company, which processed over $3 million wireless transactions per day in May and PayPal, which looks to cross the $3 billion mark in mobile payments by the end of the year.

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