US mobile payments to reach $142bn in 2019

News in brief

News in brief

US mobile payments volumes will grow from $52bn in 2014 to $142bn by 2019, according to a new forecast from Forrester. However, that number will be “just a drop in the ocean of total US consumer spending,” ComputerWorld reports, representing just 1% of the total US$16trillion consumer payments market.

Filed by Email Rian Boden nfcworld.com Published 19 November 2014, 15:28 • Last updated 19 November 2014, 15:28