The volume of US mobile payments is predicted to reach $ 112bn in 2016 , with growth of 20 percent annually each year until 2020 where it will hit $ 282bn , states a report from Forrester 's mobile app Forecast . Brendan Miller , analyst at Forrester and its partners , said : " Those merchants who seamlessly embed the payment in the mobile moment itself will win with mobile payments " .
The volume of US mobile payments is predicted to reach $112bn in 2016, with growth of 20% forecast each year until 2021 where it will hit $282bn, states a report from Forrester's Mobile Payments Forecast. Brendan Miller, analyst at Forrester and report author, said: "Those merchants who seamlessly embed the payment in the mobile moment itself will win with mobile payments".