$12.5 bln in online payments in 2005

Celent Communications anticipates the online payment industry in the US will grow significantly over the next few years, rising to $12.5 billion in revenues by 2005.

Celent Communications anticipates the online payment industry in the US will grow significantly over the next few years, rising to $12.5 billion in revenues by 2005. Among its key findings, Celent anticipates that innovative payment services providers will experience a 55% revenue CAGR between 2003 and 2005, the industry