Mobile transactions to top 195 billion by 2019


  • TECH
  • Tuesday, 02 Dec 2014

FORGET YOUR WALLET: Shopping with mobile devices are getting more and more popular.

A report form Juniper Research says that the leap to using smartphones and tablets for making purchases is being driven by a host of changing consumer behavior as well as technological advances.

For example, the roll-out of Apple Pay has already got US consumers excited -- over one million iPhone owners signed up to the service within 72 hours of its launch, clocking up one million transactions. The buzz around the system is transferring to other services -- Google Wallet has seen a spike in popularity and banks are starting to roll out their own systems that use some of the same technological components.

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