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.
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- Nordic banks roll out first mobile payment services with support for Dankort
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- Wells Fargo to add NFC mobile withdrawals to ATMs later this year