By 2020, Wearable Payment Transaction Volume Will Reach $500 Billion Worldwide

Wearable technology increasingly gains popularity as financial institutions and technology companies have expressed optimism in payments via wearables. Samsung, for example, believes that if there’s anything more nascent than mobile payments, it’s mobile payment via wearables. Currently, this is considered an early niche market, with gradual growth projected…

Indeed, by 2018, over 250 million smart wearable devices are expected to be in use – 14 times more than i ...

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