FSP-Rebel
06-05-2013, 02:15 PM
With the value of mobile payment transactions expected to reach $721 billion (US) globally by 2017, the slice of the pie for Bitcoin’s taking is growing. This year alone, the value of mobile payment transactions is forecast to total $235.4 billion, a 44 percent jump from 2012′s $163.1 billion, according to the latest figures from Gartner.
The leading uses for mobile payments are money transfers — which are said to account for 71 percent of 2013′s total transaction value — and merchandise purchases at 21 percent. Though bill payments are expected to grow by 44 percent this year, their share is still low. By 2017, the research firm expects bill payments to make up 5 percent of total mobile payment value. Near field communication (NFC) adoption remains stalled; the report predicts NFC payments to account for 2 percent of this year’s mobile transaction value and 5 percent by 2017.
cont'd @ link ->>http://www.coindesk.com/growth-in-mobile-payments-spells-opportunity-for-bitcoin/
The leading uses for mobile payments are money transfers — which are said to account for 71 percent of 2013′s total transaction value — and merchandise purchases at 21 percent. Though bill payments are expected to grow by 44 percent this year, their share is still low. By 2017, the research firm expects bill payments to make up 5 percent of total mobile payment value. Near field communication (NFC) adoption remains stalled; the report predicts NFC payments to account for 2 percent of this year’s mobile transaction value and 5 percent by 2017.
cont'd @ link ->>http://www.coindesk.com/growth-in-mobile-payments-spells-opportunity-for-bitcoin/