With an increased use in smartphones and tablets, consumers are moving away from card-based transactions and are embracing mobile payment options. This article covers the mobile-payment marketplace, describing its technology and relationship with the banking industry, while making note of those leading the way in the new mobile-payment industry. In addition, it offers relevant statistics covering mobile payment methods, in-store mobile payment use, card readers, and other information related to mobile commerce.

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Why Mobile Payments Are Set To Explode – Business Insider

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