White paper outlines how remote payments, not NFC, will provide lucrative opportunities for mobile operators
BARCELONA, Spain – MobilityWire® – September 27, 2011
A white paper commissioned by Vesta Corporation, a global pioneer and leader in electronic payments, highlights the significant opportunity that remote payments present to mobile operators. The white paper, compiled by Informa Telecoms & Media, reveals that end-user revenues from m-commerce services, delivered over cellular networks, are expected to grow to more than US $22.5 billion by 2014. These m-commerce services will include mobile banking, remote mobile payments, local mobile payments and mobile money transfers.