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Research Shows Mobile Phone Payment Double by 2013

Posted on the 10 February 2011 by @bonsoni

More and more ecommerce websites appear to be emerged within the subsequent two years following new research shows that the variety of active mobile money users could be doubled.

Juniper Research shows that about 200m users might be choosing mobile money facility by 2013, a figure that presently stands at 100m.

It also reported that about 40% of the active users will probably be from the Africa and also the Middle East regions by 2015 as various countries catch on to ecommerce.

On-line shopping figures could rise additionally because of the news, only days

Research shows mobile phone payment double by 2013
following comScore revealed that US web spending figures rose by 11% within the final quarter of final year.

US retailers took nearly £27m via their ecommerce websites throughout the three-month period.

Howard Wilcox, senior analyst at Juniper Research, added that especially mobile finances and banking will see an increase.

"Our report reveals the sheer variety of mobile money services, with much more launches within the initial eleven months of 2010 than within the entire of 2009," he stated.

"However, there are many developing countries without the mobile payment system, plus we're seeing usually a minimum of three services per country"

Check out the infographic, and let us know what you think is next for mobile payments in the comments.

Research shows mobile phone payment double by 2013
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