US Mobile Payments Will Reach $142 Billion By 2019

Nov. 21, 2014

A new report out by Forrester forecasts U.S. mobile payments to reach $142 billion by 2019. According to Payment Week, the next stage for mobile payments is for mobile platforms to reach mainstream consumers. The source also noted that purchases through apps and mobile websites will reach $91 billion and will account for the largest growth in the industry over the next five years. Full article.