US mobile commerce to become $235 million market in 2013, slow to adopt mobile consumer payments

According to technology research firm, Gartner, mobile commerce will see a 44 percent increase globally, reaching $235 billion this year. These increases will only continue, forecasting a $721 billion market with 450 million mobile commerce users by 2017. This figure includes transactions such as bill payments, money transfers and consumer payments.

Though mobile payments are expect to reach significant growth in the coming years, users have been slow to adopt mobile consumer payments. Starbucks is the only company that has found significant success.

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