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Regardless Of The Hype, NFC Blighted The Hope

Gartner predicts that globally, the mobile payment users will hit 245.2 million in 2013, compared to 200.8 million in 2012. These global mobile payments would generate $235.4 billion this year, growing 44 percent over last year’s $ 163.1 billion. But only 2 percent of transactions will be powered by NFC (Near- Field Communications) and Asia-Pacific will account for $74 billion, with growth driven by both developed and developing countries.

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