--- title: Mobile Payments for Physical Goods description: According to a recent report from ABI Research, mobile payments in the U.S. could reach $2.4 billion... image: https://www.websitemagazine.com/hubfs/Imported_Blog_Media/mopay-mini-Jan-23-2023-12-09-57-3250-AM-1-1-1.gif --- [Log In](https://www.websitemagazine.com/_hcms/mem/login) [Subscribe](https://websitemagazine.tradepub.com/free/w_webk05/prgm.cgi) [![Website Magazine Logo](https://www.websitemagazine.com/hs-fs/hubfs/gradient-regular@3x-1.png?width=586&height=145&name=gradient-regular@3x-1.png "Website Magazine Logo")](http://Website%20Services,%20Inc.) - [About](https://www.websitemagazine.com/about) - [FAQs](https://www.websitemagazine.com/about/faq) - [Advertise](https://www.websitemagazine.com/about/advertise) - [Editorial Staff](https://www.websitemagazine.com/about/editorial-publishing-staff) - [Resources](https://websitemagazine.tradepub.com) - [Newsletter](https://www.websitemagazine.com/newsletter-sign-up) - More - [Contact Us](https://www.websitemagazine.com/contact) [Log In](https://www.websitemagazine.com/_hcms/mem/login) [Subscribe](https://websitemagazine.tradepub.com/free/w_webk05/prgm.cgi) Search - [Latest](https://www.websitemagazine.com) - [Design](https://www.websitemagazine.com/web-design) - [Development](https://www.websitemagazine.com/web-development) - [SEO](https://www.websitemagazine.com/seo) - [Ecommerce](https://www.websitemagazine.com/ecommerce) - [Content](https://www.websitemagazine.com/content) - [Marketing](https://www.websitemagazine.com/marketing) - [Advertising](https://www.websitemagazine.com/advertising) - [Email](https://www.websitemagazine.com/email) - [Infographics](https://www.websitemagazine.com/infographics) - [View All Topics](https://www.websitemagazine.com/channels) # Mobile Payments for Physical Goods ![Pete Prestipino](https://www.websitemagazine.com/hubfs/Pete%20Prestipino.jpeg) [by Pete Prestipino](https://www.websitemagazine.com/mobile/author/pete-prestipino) 18 May, 2010 - - - [mailto:?Body=https://www.websitemagazine.com/mobile/mobile-payments-for-physical-goods](mailto:?Body=https://www.websitemagazine.com/mobile/mobile-payments-for-physical-goods) - Link Copied! ![Mobile Payments for Physical Goods](https://www.websitemagazine.com/hubfs/Imported_Blog_Media/mopay-mini-Jan-23-2023-12-09-57-3250-AM-1-1-1.gif) ![](https://www.websitemagazine.com/hs-fs/hubfs/Imported_Blog_Media/mopay-mini-Jan-23-2023-12-09-56-7493-AM-1-1-1.gif?width=75&height=75&name=mopay-mini-Jan-23-2023-12-09-56-7493-AM-1-1-1.gif)According to a recent report from ABI Research, mobile payments in the U.S. could reach $2.4 billion in 2010, growing by 100 percent in one year. The problem is that mobile payments still represent just eight percent of the total projected ecommerce market. Compare that to the Japanese market, where physical goods billing is a commodity, and mobile payments make up almost 20 percent of ecommerce. Adding physical goods billing in the U.S. would easily double ABI's predictions.  As you might guesss it is a competitive market and one that requires further monitoring and exploration.  Mobile payment solution provider **[mopay](https://mopay.com)** today anounced that it supports the the purchase of physical goods through their platform in 28 countries. mopay's product line is pretty deep including mopay web (ideal for digital goods and a competitor of PayPal),  mopay wap (a mobile payment system that puts charges on a phone bill), and mopay sms among others.  The scope of mobile payments varies significantly between global markets. As of today, mobile payments in the western hemisphere are primarily used to purchase digital and virtual goods - such as music and in-game items - via a mobile phone account. In selected Asian and European countries, mobile phone users are able to purchase virtually everything from tickets to movie downloads to physical goods through their phone bill. "mopay's ultimate goal is to not only be a major payment option for digital and virtual goods, but for all kinds of purchases," said Kolja Reiss, managing director of mopay, Inc. "The Asian market is once again leading the way in purchasing physical goods via mobile phones and other markets are hot on their heels. By constantly adjusting our offering to keep pace with new developments, mopay actively pushes mobile payments to essentially become a replacement for cash and other intricate methods of payment, foreseeably eliminating the need for the traditional 'wallet' as we know it." ![Pete Prestipino](https://www.websitemagazine.com/hubfs/Pete%20Prestipino.jpeg) [Pete Prestipino](https://www.websitemagazine.com/mobile/author/pete-prestipino) Digital marketing executive with proven experience in all aspects of search engine optimization (SEO), performance-based advertising, consumer-generated/social media, email marketing, lead generation, Web design, usability, and analytics. - 20-year Internet marketing veteran, currently serving as the Digital Marketing Campaign Manager at Antenna Group (formerly Chicago Digital). - Former Editor-In-Chief of Website Magazine, and a regular speaker on Web technology digital marketing strategy - Author of several books on digital marketing Including Web 360: The Fundamentals of Web Success; Affiliate 360: The Fundamentals of Performance Marketing; Domains 360: The Fundamentals of Buying & Selling Domain Names, and SEO 360: The Fundamentals of Search Engine Optimization. - - - [mailto:peter@websitemagazine.com](mailto:peter@websitemagazine.com) #### Popular Post ### [Mobile banking can be actually good at getting cheaper funds ![Mobile banking can be actually good at getting cheaper funds](https://www.websitemagazine.com/hubfs/Imported_Blog_Media/mobile_banking-200x200-Jan-23-2023-12-06-20-2386-AM-1-1-1.png)](https://www.websitemagazine.com/mobile/mobile-banking-can-be-actually-good-at-getting-cheaper-funds) ### [Apps Will Win the Olympic-Viewing Silver ![Apps Will Win the Olympic-Viewing Silver](https://www.websitemagazine.com/hubfs/Imported_Blog_Media/sochi_100x100-2-1-1-1.png)](https://www.websitemagazine.com/mobile/apps-will-win-the-olympic-viewing-silver) ### [5 Ways to Go Beyond Google's Mobile Minimum ![5 Ways to Go Beyond Google's Mobile Minimum](https://www.websitemagazine.com/hubfs/Imported_Blog_Media/local-pin-phone-image-Jan-23-2023-12-19-47-6461-AM-2-2-May-01-2023-09-26-53-6158-PM.png)](https://www.websitemagazine.com/mobile/5-ways-to-go-beyond-googles-mobile-minimum) #### Subscribe to Our Newsletter! 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All Rights Reserved - [Privacy Policy](https://www.websitemagazine.com/about/privacy) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Pete Prestipino", "url" : "https://www.websitemagazine.com/mobile/author/pete-prestipino" }, "dateModified" : "2023-05-01T21:26:58.217Z", "datePublished" : "2010-05-18T05:00:00.000Z", "headline" : "Mobile Payments for Physical Goods", "image" : [ "https://www.websitemagazine.com/hubfs/Imported_Blog_Media/mopay-mini-Jan-23-2023-12-09-57-3250-AM-1-1-1.gif" ], "mainEntityOfPage" : { "@id" : "https://www.websitemagazine.com/mobile/mobile-payments-for-physical-goods", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.websitemagazine.com/hubfs/gradient-regular@3x-1.png" }, "name" : "Website Services, Inc." } } ``` ```json { "@context" : "https://schema.org", "@type" : "NewsArticle", "author" : [ { "@type" : "Person", "name" : "Pete Prestipino" } ], "headline" : "Mobile Payments for Physical Goods", "publisher" : { "name" : "Website Magazine", "url" : "https://www.websitemagazine.com/" } } ```