Mobile transactions are expected to double in total value by 2017

06/19/2013 | · Silicon Republic (Ireland)

Financial institutions and bill payments will lead the way as mobile payments are projected to reach $3.2 trillion in four years, more than doubling from this year's total. That amounts to a 19.8% annual rate of growth, according to a Juniper Research study, which also projected that North America would surpass East Asia in mobile transaction volume.

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