Study shows mobile payment transactions to break hundred billion mark in the near future

Mobile Commerce projections

According to research performed by Pyramid Research, as published in a recent report, over the next few years, mobile payment transactions will reach and surpass hundreds of billions of dollars. As mobile technology continues to play an increasingly important role in people’s daily lives, payment vendors are now scrambling to be able to take advantage of the opportunity created by those people’s desire to include the use of their mobile devices in their product purchasing decisions, including searches, price comparisons, store locations, and even the purchases themselves. According to the…

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