Boston, May 13, 2015 – The installation of NFC-capable payment terminals, prevalence of NFC-capable smartphones, and emergence of tokenization and biometrics have created a great deal of consumer and merchant interest in mobile proximity payments. The space’s rate of change is breathtaking, and it is rife with competitive initiatives and disruptive market entrants. Can mobile proximity payments enablers overcome the inhibitors and create new payments empires?

This report is based on interviews with over 50 opinion leaders, chief executive officers, and business managers. It describes the technologies, introduces major players, identifies issues and important lessons learned, and forecasts the growth of the mobile proximity payment ecosystem for the next five years.

This 29-page Impact Report contains five figures. Clients of Aite Group’s Retail Banking & Payments service can download this report.