According to a study by eMarketer, the volume of mobile payments in the U.S. will reach $ 1 billion in 2013, as a result of the fact that the number of mobile transactions increased more than threefold from 2011 to 2012.

New research from eMarketer refutes the initial estimates of the company after finding a number of problems or delays in the adoption of mobile wallets variety of programs, as well as “congested” market competing technologies. Thus, the company’s forecasts in October 2012 indicated that the volume of mobile payments in 2013 will amount to 2.12 billion dollars. Today the company announced that mobile transactions will not exceed $ 20 billion by 2016, a year later than in the previous forecast. However, after that, the growth of mobile payments may be rapid and reach a level of $ 58 billion by 2017.

The report also states that, as is well known, the scope of mobile payments is now a rapidly growing and highly topical. The opportunity to become a leading payment method encourages large technology companies, start-ups and large financial institutions to rapidly develop mobile payment technology to gain an audience.

Research of www.emarketer.com

Post by Roman Mikhaelov