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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. Versace Home completes Marbella villa project
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  4. Financial turbulence to be luxury’s next baseline: Bain
  5. Plans revealed for Bulgari Resort & Mansions Abu Dhabi
  6. Improving mine-to-market traceability remains critical: Natural Diamond Council
  7. Annual sales at OTB Group down 3pc
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  9. 'How do you Bentley?' global campaign launches
  10. Prada launches beauty platform
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