US in-store mobile payments to hit $54bn by 2019

News in brief

News in brief

Mobile proximity payments — those made by consumers at the physical point of sale using a mobile device — in the US will total US$54bn by 2019, Javelin Strategy and Research has projected. Today, mobile proximity payments make up 1% of all retail transactions says Javelin, with almost one in six iOS smartphone owners making a proximity purchase within a 30 day period, nearly double the rate of Android smartphone owners.

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 11 May 2015, 18:27 • Last updated 11 May 2015, 18:27