A new report from BI Intelligence explains the main reasons why mobile payments are poised for takeoff. The report provides proprietary estimates for the growth and size of the mobile payments market in the years to come, and analyzes the specific trends that will help shape the growth in mobile payments, including user concerns around security. In addition. the report tracks the demographic and geographic nature of the consumers who will drive the growth, merchant-side adoption, and the mobile payments solutions that will lead the charge.

Read more, via  Business Insider.