Shopping on your mobile? Transactions to exceed $3.2 trillion by 2017
The latest research from Juniper shows commerce transactions on mobile will reach an incomprehensible $3.2 trillion by 2017, fuelled primarily by mobile banking.
However, by comparing to all financial transactions in the US it suddenly seems insignificant. In the U.S alone the total for 2012 exceeded $4,400 trillion.
As an increasing number of NFC-enabled devices reach consumers’ hands, along with easy online payment solutions such as PayPal,...