Report: U.S. mPOS Proximity Payments To Hit $5.4 Billion By 2018

By  |  April 9, 2013
 | 

U.S. proximity payments at mobile point of sale terminals are expected to reach $5.4 billion by 2018, according to a recent Javelin study.

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    That number comes from Javelin’s latest report, “2013 Retail POS Forecast: Mobile and Prepaid Opens New POSibillities,” as The Papyers notes. The study also found that retail POS accounted for $3.98 trillion in 2012 and is expected to hit $4.2 trillion by 2018.

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