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High stakes world of Mobile Payments
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The payments jackpot
MOBILE PAYMENTS COMPANIES ARE PLACING THEIR BETS FOR A SHARE OF A MASSIVE MARKET
CURRENTLY DOMINATED BY LONG-ESTABLISHED CREDIT CARD NETWORKS
Total Volume of global $ 670
credit card Payments Total Volume of global billion
2010 numbers $ 6.2
trillion
Mobile Payments
$ 240
billion
2015 projected
2011
$50 billion $10 billion $5 billion
Source: Visa’s 2011 Annual Report:
http://media.corporate-ir.net/media_files/IROL/21/215693/Visa%20annual%20report.pdf © Networld Media Group, 2012. All rights reserved.
http://www.juniperresearch.com/viewpressrelease.php?pr=250