More

Cellphone Payments Set To Take Off

Smartphone

First Posted: 07/06/11 09:21 AM ET Updated: 09/05/11 06:12 AM ET

Amazing
 Inspiring
 Funny
 Scary
 Hot
 Crazy
 Important
 Weird

The Globe and Mail:

Instead of scrambling for their wallets to pay for groceries, consumers around the world will increasingly be able to use their mobile phones.

Mobile payments are set to almost triple, from $240-billion (U.S.) to $670-billion, by 2015, according to a Juniper Research report released Tuesday. The bulk of mobile transactions, which could include buying movie tickets on smartphone applications or tapping a phone to buy coffee, will happen in North America, Western Europe, and East Asia.

Read the whole story: The Globe and Mail

FOLLOW HUFFPOST CANADA BUSINESS

Instead of scrambling for their wallets to pay for groceries, consumers around the world will increasingly be able to use their mobile phones. Mobile payments are set to almost triple, from $240-bi...
Instead of scrambling for their wallets to pay for groceries, consumers around the world will increasingly be able to use their mobile phones. Mobile payments are set to almost triple, from $240-bi...
Filed by Kenny Yum  | 
 
 
  • Comments
  • 1
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Recency  | 
Popularity
HUFFPOST SUPER USER
Cael
108 Fans
 
02:02 PM on 07/06/2011
Why do I get a bad feeling about this, especially with all the hacking going on. I can just see the hackers rubbing their hands together in anticipation for the upcoming winfall.
Permalink  |