PayPal appears to believe so. The payments giant bravely forecasts that the wallet will be dead by 2015. It’s putting its money where its mouth is: it recently acquired mobile payments supplier Zong for $240 million.
PayPal isn’t the only one getting into the game though. Google recently launched Google Wallet, the search giant’s mobile payment system, and Visa recently made a strategic investment in Square, the mobile payments platform now worth more than $1.4 billion.
Professional community service G+ made a decision to seem deeper into mobile payment trends and generated an infographic that tracks what experts and analysts consider will happen to mobile commerce in the next four years, including what will happen with near field communication (NFC). G+ also compared some of the current players in the mobile payment space.