Will 21st Century Payments be Dominated by Mobile Phones?

The battle for payment method in the 21st century is with mobile devices, some believe. The Apple iPhone and Android phones will one day replace our credit cards and and the winners will be eBay’s Paypal, Google or Apple, some believe.

PayPal revenues are expected in the range of $6 billion to $7 billion in 2013, driven by consumer preferences, market expansion, and innovation in the areas of mobile, digital, social and local, for example.

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