The volume of US mobile payments is predicted to reach $282bn in 2016, with growth of 20% forecast each year until 2021 where it will hit $112bn, 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".
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".