CHART OF THE DAY: Mobile Payments Are About To Explode

With renewed rumblings that Apple is thinking about breaking into the mobile payments space, it’s worth taking a look at how much it’s predicted to go.

According to analysis by BI Intelligence, mobile payments will make up $1.5 trillion of all transactions in the US by 2017. Last year, that number was just $120 billion.

mobile payments growth chart of the day

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