Juniper forecasts that by 2011, Mobile Payments will generate almost $22bn of transactions and be adopted by 204m mobile phone users (press release). A few highlights:
- SMS based Person2Person (P2P) fund transfers and payments will drive the developing world mPayment market (obopay etc.)
- Adequate supply of contactless chip enabled devices, NFC and FeliCa, to enable over 52m mobile phone users to make physical payments (Nokia, Motorola, Visa, etc.)
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