A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More
Global mobile payment transaction volumes will increase nearly fourfold over the next five years to more than US$1.3 trillion, according to a new forecast by Juniper Research... More
The ‘Tech Nation’ poll of consumers in eight European nations found that both mobile and contactless payments are used most widely in Russia and Turkey while only 5% of British consumers say they have made a contactless card payment. More
VeriFone has acquired electronic payments specialist Point International from Nordic Capital for €600m (US$812m) as the POS terminal maker accelerates its transition to a managed services revenue model... More
Mobile payments will represent 15% of all card transactions by 2013, and will overcome card volumes within 10 years if growth continues at the same rate, according to the World Payments Report 2011. More
