eMarketer , the New York - based research firm , is predicting that the number of consumers making mobile payments at the point of purchase with smart phones will grow by 61.6 % , from 26 million in 2015 to 37.5 million in 2016 . EMarketer says it is the continuing nullification of the divide between digital and physical commerce, accelerated by the proliferation of mobile wallets as standard features on smart phones and the increasing number of merchants accepting mobile payments. By 2019 , this number will have grown to 69.8 million . In addition , sales transactions will increase , from $ 8.71 billion this year to $ 27.05bn in 2016 and $ 210.45bn by 2019 . The trend will continue as mobile payments become standard features on smartphones and mobile payment acceptance locations become more widespread . However , it argues that the catalyst for adoption will be offers , coupons , rewards and loyalty , in addition to the growth of connectivity by the Internet of Things .
eMarketer , the New York - based research firm , is predicting that the number of consumers making mobile payments at the point of purchase with smart phones will grow by 61.6 % , from 26 million in 2015 to 37.5 million in 2016 . By 2019 , this number will have grown to 69.8 million . In addition , sales transactions will increase , from $ 8.71 billion this year to $ 27.05bn in 2016 and $ 210.45bn by 2019 . The trend will continue as mobile payments become standard features on smartphones and mobile payment acceptance locations become more widespread . However , it argues that the catalyst for adoption will be offers , coupons , rewards and loyalty , in addition to the growth of connectivity by the Internet of Things .