This chart comes from Business Insider Intelligence, a research and and analysis service focused on the mobile and Internet industries. Sign up for a free trial here.
With renewed rumblings that Apple is thinking about breaking into the mobile payments space, it's worth taking a look at how much higher it's predicted to go.
According to analysis by BI Intelligence, mobile payments will make up $1.5 trillion of all transactions in the US by 2017. Last year, that number was just $120 billion.
mobile payments growth chart of the day
BI Intelligence