Mobile Phone: The New Credit Card? [Infographic]
Absolutely, you heard it right! The advancement of mCommerce has ensured that mobile phones become the ultimate payment platform. Gone are the days when shoppers felt the real need of their wallets and credit cards. Now even if you forget your wallet/card at home, there is just no need to worry. Your smartphone would do the job.
While the already grown $250 Billion market that mobile payments have captured, researchers still predict that it would grow another two to three times in the coming years. So if you think, only the customers are gaining in the process, you need to get your thinking right! It’s right now all a piece of cake for mobile companies!