Metric: Mobile payments to hit $10B by 2010

According to a recent report from Juniper Research, the mobile payment sector, fueled by the addition of PayPal Mobile, will rise to $10 billion in total revenue by 2010, up from $155 million last year. The new PayPal Mobile service enables users to send money to friends, donate to charities and purchase items via their handset. Last year saw 78 million mobile payment transactions, which is set to rise to 175 million this year.

For more on m-payments:
- take a look at the press release at Juniper's site

Sponsored by ADI

What if we were always connected? With the help of our advanced wireless technology, even people in the most remote places could always be in touch.

What if there were no ocean, desert, mountain or event that could ever keep us from telling our stories, sharing discoveries or asking for help? ADI’s next-gen communications technology could keep all of us connected.

Suggested Articles

AT&T has shifted its Cricket prepaid brand to a 100% authorized retailer model, according to Wave7 Research.

The FCC decided to extend the timeline for responding to Huawei's application for review until December 11.

All operators are trying to understand the intersection between their networks and hyperscale networks. But who gets the lion's share of the revenue?