Hampshire, U.K. – Half a billion people worldwide will use
their mobile devices as travel tickets on metros, subways and buses by 2015,
according to a new forecast from Juniper Research.

That would be a five-fold
increase from a year ago. Juniper said it expects a growing number of transit
authorities to begin transitioning to open contactless payment systems, with
the technology spreading from its current concentration in Japan and Europe.

"We see convenience and choice for users as key advantages of mobile
ticketing," said report author Howard Wilcox.

"It will be 2013 before
large numbers of NFC (near field communications) enabled devices are in peoples’
pockets and our new report forecasts the impact on transaction volumes."


Related Links: