The just released study by consulting firm KPMG put up the jawdropping number: By 2015, mobile payments will top $1 trillion, andin the process the volume of mobile payments will spike up byaround 100% per year.

Fueling the growth, said KPMG, is smartphone and tablet computerpopularity, which are lifting consumer comfort with paying viaportable silicon-based devices.

The report predicted measurable drops in cash and credit cardpayments.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.