Categories: Mobile

How mobile phones and NFC are becoming the new credit card [Infographic]

As near field communication (NFC) and wireless payment technology is introduced to more and more smartphones, analysts predict that the value of NFC transactions alone by 2014 will approach $50 billion, and will begin to slowly replace the humble credit card.

GPlus has created this nice infographic detailing mobile phone payment growth and the major players currently involved.

How mobile phones are becoming the new credit card

Albizu Garcia

Albizu Garcia is the Co-Founder and CEO of Gain -- a marketing technology company that automates the social media and content publishing workflow for agencies and social media managers, their clients and anyone working in teams.

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