Mobile Commerce Market Set to Accelerate With NFC Facilitating $74bn Transactions by 2015

HAMPSHIRE, UNITED KINGDOM — (Marketwire) — 03/08/12 — A new by Juniper Research forecasts that NFC (Near Fields Communications) will facilitate transactions valued at $74bn by 2015 as NFC is increasingly used for the payment of goods in-store and as transport tickets; this is over treble the estimated value of this market in 2011. The increasing use of mobile devices as an alternative to credit cards and paper tickets is one of the fastest growing segments of the mobile commerce market.The