Mobile payments are not the future – many users all around the world are already paying for goods and services with nothing but their phones. So how did we get here – from cash, checks and credit cards to mobile payments? That’s a nice story which I’m not gonna share here. Rather I’ll let you see it with your own eyes, from the infographic below. But first, here are few figures to keep in mind:
- By 2015, mobile POS will process some $670 billion
- Contactless payments will account for $320 billion by 2016
- 40-90% is the amount that carriers deduct from direct carrier billing
- PayPal currently processes $315 million per day
And now the infographic, prepared by the good folks of Voucher Codes.
