Mobile payments may be waiting for iPhones before they take off

Apple iphone mobile payments

Industry experts think that the market may not fulfill its potential until Apple fully joins in. Although it is expected that 2012 will have seen an increase of 70 percent in the mobile payments marketplace by its close, it is also believed that the rate of growth will be significantly higher when Apple makes its way into the mix. By the year 2016, it is predicted that the global volume will have reached over 400 million. New players are constantly making their way into the mobile payments environment, with mcommerce…

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