We expect mobile payment volume to grow from $ 37 billion this year to $ 808 billion in 2019.
Not exact matches
But that's not the case — though Business Insider Intelligence projects that US in - store
mobile payments volume will quintuple in the next five years, usage is consistently lagging below expectations, with estimates for 2019 falling far below what we
expected just two years ago.
Mobile peer - to - peer
payments is growing faster than
expected, according to research firm Forrester, and will reach $ 17 billion in transaction
volume by 2019.
As Apple Pay and other
mobile payments technologies featuring similar security features take off, we
expect there to be significant implications for the
payments ecosystem beyond simply increased
mobile payments volume.
This announcement contains forward - looking statements, including statements about the
expected impact of the Braintree acquisition on PayPal's and eBay's financial and operating results and business, the operation and management of Braintree after acquisition, the anticipated timing of the closing of the acquisition, PayPal's projected
mobile payments volume, and Braintree's projected
payments volume and
mobile payments volume.
We
expect eBay
mobile commerce to generate almost $ 5 billion in merchandise
volume this year and PayPal
mobile to exceed $ 3.5 billion in
payment volume.
eBay
expects that definitional differences between PayPal's net total
payment volume and Braintree's projected $ 12 billion
payment volume for 2013, approximately one - third of which is
expected to be driven by
mobile payments, will lead to a significant portion of Braintree's
payment volume not being additive to PayPal's net total
payment volume and treated instead like PayPal's
payment gateway business, with only the revenue being recorded.
Global
mobile payment volume is
expected >>
According to a Forrester report,
mobile - based
payments that cater to small businesses, like Square, are
expected to reach $ 142 billion in
volume by 2019.