Mobile to account for 20% of US POS payments by 2020

US consumers will use their smartphones to make mobile payments at the point of sale five times a week by 2018 and, by 2020, 20% of POS transaction volume will be conducted via mobile devices, research from Carlisle & Gallagher Consulting Group reveals. “Mobile will account for at least 60% of US digital commerce revenue by 2020,” the company adds.