As years go by, mobile payments is becoming more and more accepted by consumers, and from Fiserv’s report, it looks as though the industry is growing faster than what we’ve expected. The research showed that more than 6 million Americans have used their smartphones to pay for their bills at one point last year.

I can relate the success of mobile payments on the growing number of smartphones and how merchants and service providers have employed their own mobile payment systems for their customers.

And now, we’ve got Near Field Communication, Google Wallet and other means of mobile payments that would even boost the industry further.

Tags: google wallet, Mobile, mobile payments, mozoot, nfc