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Mobile payments to increase 12-fold by 2013

Informa Telecoms and Media predicts that almost 300 billion transactions worth more than $860 billion will be conducted using a mobile phone in 2013. That represents a twelve-fold increase in five years. The researchers also calculate that over 445 million mobile customers will be regularly using their mobile phone to purchase physical goods and services by 2013, with 'virtual' products accounting for just 5% of mobile payments.

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Vodafone and Microsoft working together

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Ofcom offers 'recession buster' guide for mobile shoppers

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