Mobile bill payments will reach $214 billion in gross dollar volume in 2015, up from $16 billion in 2010, which represents a 68 percent compound annual growth rate. A November 2010 Aite Group report stated “Over the past 12 to 18 months, the United States has begun to move closer to a tipping point that will lead to the popularization of mobile payments.
Wednesday, January 5, 2011
Mobile Payment Among Top-5 Trends for 2011
Mobile payments are expected to be among the top-five trends in the payments business in 2011. Mobile devices are poised to become a primary form of payment for millions of people around the world, according to the Aite Group.
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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