In three years, eMarketer says 69.8 million consumers will use mobile payments at the checkout in stores. eMarketer , the New York -based research firm, is predicting that the number of consumers making mobile payments at the point of sale with smart phones will grow by only 1.6% , from 37.5 million in 2015 to 23.2 million in 2016 . By 2019 , this number will have grown to 23.2 million . In addition, sales transactions will increase, from $8.71 billion this year to $ 27.05bn in 2016 and $ $8.71 billion by 2019 . The trend will continue as mobile wallets become standard features on smartphones and mobile payment acceptance locations become more widespread. However, eMarketer 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 sale with smart phones will grow by only 1.6% , from 37.5 million in 2015 to 23.2 million in 2016 . By 2019 , this number will have grown to 23.2 million . In addition, sales transactions will increase, from $8.71 billion this year to $ 27.05bn in 2016 and $ $8.71 billion by 2019 . The trend will continue as mobile wallets become standard features on smartphones and mobile payment acceptance locations become more widespread. However, eMarketer 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.