The much-touted mobile wallet has yet to catch on with a majority of consumers. But dollars generated by mobile payments continue to rise.
Payments made via a mobile phone will surpass $1 billion in the U.S. this year, research firm eMarketer said Thursday. That's more than double last year's figure of $539 million. Peering into the future, eMarketer predicts that the number will hit $2.6 billion next year before ratcheting up to $58.4 billion by 2017.
The research firm describes mobile payments as purchases of goods and services made by scanning, tapping, swiping, or checking … Read more