Courtesy Aite.

Mobile online payments, made either within a mobile application or through a mobile website, are changing commerce, and not just online. The worlds of online and physical commerce are blurring in parallel with the rapidly increasing utility of the consumer pocket computer—the smartphone.

Mobile online payments are at the cusp of a growth curve that could eventually subsume any other payment path, but the complexity in the space obscures the way forward.

This report focuses on mobile online payments, describes the different payment types and their applications, identifies issues and important lessons learned, and forecasts the mobile online ecosystem’s growth for the next five years. It is based on interviews with payment solution providers and over 50 opinion leaders, chief executive officers, and business managers. It is the second part of an exploration of mobile payments—find the first here.

This 23-page Impact Note contains 12 figures and one table. Clients of Aite Group’s Retail Banking & Payments service can download this report. More information: Mobile Online Payments: Disruption and Opportunity.