Mobile Payments Soaring While E-Commerce Companies Play “Catch Up”

There's no doubt that during the past 2 years, mobile payments have soared, and 2 recent announcement by the big guns in the market show just how much further we can expect mobile sales to increase. PayPal mobile payments have exploded from $1 Million in 2006 to $4 Billion in 2011, and they're predicting that 2012 will see in excess of $7 Billion in transactions in 2012. This 4000% increase surprised even them, and they have been adjusting their predictions upwards as time passes by. The shift to mobile payments is so dramatic, that Visa Europe is … Continue Reading ››