Dive Brief:

• Mobile payments may have started to turn the corner, according to a study by Forrester Research. The research firm says mobile payments will reach $142 billion in volume in 2019, compared to this year’s $50 billion.

• Apple Pay is poised to accelerate the growth of in-person mobile payments at retailers, Forrester researchers say, bringing the market to $34 billion by 2019.

• But the biggest growth won’t be at POS systems, but through apps and the web, accounting for some $91 billion by 2019, according to Forrester.

Dive Insight:

Retailers and others hoping for some movement when it comes to mobile payments may finally be getting their wish — mobile payments are taking off, at least according to this study by Forrester. Apple Pay is apparently the accelerant that many predicted it would be.

This isn’t good news for CurrentC, though, the mobile payment system developed by a consortium of retailers that was designed in part to help them avoid credit card fees.