Mobile Payments Market is Still Very Nascent and Growing

eCommerce is a 1,145 billion EUR market generating 34.8 billion transactions in 2014 and mCommerce has generated 115 billion EUR in revenues, through 29 billion transactions — including about 13% of alternative payment systems other than payment cards.

IDATE estimates that 278 million NFC-enabled mobile phones will be used in 2014.

via IDATE

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About David H. Deans

Principal Consultant and Founder of GeoActiveGroup.com
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