Mobile payment is being adopted all over the world in different ways. Combined market for all types of mobile payments is expected to reach more than $600 billion globally by 2013, which would be double the figure as of February, 2011, while mobile payment market for goods and services, excluding contactless NFC transactions and money transfers, is expected to exceed $300 billion globally by 2013. Read more – ‘What is a Mobile Payment?’.
Accepting electronic payments is essential to modern business. The UK is currently Europe's largest ecommerce economy with two-thirds of consumers having shopped online. The power of the Internet continues to grow with 27.7 million UK adults having used the Internet in the last year. Current predictions believe that the rate of growth of Internet sales will see this channel occupy 15% of retail sales by 2010. Read more – ‘Online Payment Processors’.