Mobile online payments skyrocket

Mobile online payments skyrocket

Happy accounts are currently taking out in PayPal, the online payment platform and it is not for less, since according to their new estimates, the volume of online transactions made through mobile devices will double with respect to the initial projections for 2011 , reaching a total of 3,000 million dollars; something like 2,113 million euros at the current exchange rate. This is due, according to what PayPal indicates, to the fact that the proportion of users who start to use their mobile terminal regularly for online payments is growing much faster than the initial analyzes had estimated; in fact, this is the third time projections have been revised upward. Indeed, at the end of 2010, the estimates for this market were 1.5 billion dollars, to go to 2 billion dollars in February and now the amount is being revised upwards again, in a trend that does not stop growing, such as and as evidenced by data from last year, in which e-commerce and payments via mobile increased by 300%. According to new information, it is estimated that the amount of daily transactions carried out through mobile terminals will be around 10 million dollars, with a total of approximately 8 million users who regularly use PayPal for this type of transaction. .

Obviously these figures do not leave anyone indifferent, especially other major players in the industry such as Google, which has just launched its online payment system baptized as Google Wallet or Square, which is beginning to prevail in an area where PayPal is not too strong or that It has not been very successful as is the local environment. Moreover, it should not be long until Facebook also launches its own online payment platform.

A trend that will undoubtedly continue to rise and that within a short time will be the norm in our daily lives, replacing money and cards with our Smartphone.Va: TechCrunchImage: Gizmovil