Tuesday, February 15, 2011

Mobile Payments "Arguably the Next Major Change"

Mobile payments could account for $1.13 trillion worth of purchases globally by about 2014, according to IE Market Research.

"There is a game-changing opportunity here for the operators to effectively displace credit cards and banks," said Dan Hays, partner at global management consulting firm PRTM.

"Mobile payments are arguably the next major change in the mobile industry," said Hays.

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