Mobile payments primed to break the $1 trillion mark in 2 years

Mobile payments platform

A recent report is showing that this important achievement could be made by 2015. According to experts in mobile payments, the use of smartphones for this purpose – as opposed to using credit and debit cards – may rise to the point of being a $1 trillion business by the year 2015. Some experts are crediting the introduction and use of innovative apps that are breaking new ground. Though mcommerce is no longer considered to be a channel that is brand new. However, the mobile payments field, in which smartphones…

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