The growth of mobile payment infographic. NFC, Google Wallet and the rest……


We have mentioned several times the fact that mobile phones will be playing an ever-increasing importance when it comes to the way that we pay for goods and services. The infographic below highlights what appears to be 4 of the main contenders and the type of technologies they are using.

All we can say is that the market is going to be significant, with equipment sales hitting $75 billion by 2013 with in 1 in 5 phones using NFC and by 2015 the value of goods transacted will be around $670 billion.

For those of you in retail and software development this is certainly a gravy train that you need to be riding.

Thanks to: thenextweb: How mobile phones are becoming the new credit card [Infographic]

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