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Research

Wearables to account for 20pc of mobile proximity payments by 2020: report

July 29, 2015

Apple's Apple Watch Edition Apple's Apple Watch Edition

 

By Chantal Tode

Payment transaction volume on wearables will reach $501 billion by 2020, growing at a compound annual growth rate of 177 percent and representing 20 percent of total mobile proximity transaction volume, according to a new report from Tractica.

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  1. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
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  5. Bloomingdale's goes for World Bazaar theme in Carousel rotating concept shop
  6. Press ahead with digital transformation as pandemic births connected customer
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