Mobile payments to reach $90 billion by 2017

US mobile payments will reach $90 billion by 2017, a 48% compound annual growth rate (CAGR) from the $12.8 billion spent in 2012. This is according to Forrester’s latest five-year mobile payments forecast, which segments mobile payments into three categories: 1) in-store mobile payments (proximity payments); 2)┬ámobile commerce (m-commerce); and 3) mobile peer-to-peer (P2P) and remittances.

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