BII It's no longer a question of when and how mobile will emerge as a payments platform.

The habit of paying for things on smartphones and tablets is already ingrained in modern consumer society, particularly among young demographics. In the same way digital payments companies like PayPal helped usher in the PC-based e-commerce explosion, mobile-focused companies are exploring how to make these transactions easier, for shoppers and merchants, at physical stores and online.

In a new report from BI Intelligence, we put numbers to the trends and explain why mobile transaction volume is growing so explosively. A significant portion of card-powered e-commerce transactions take place on tablet or smartphone devices. Tablets and smartphones are also powering card-based transactions at physical stores through apps, scannable QR codes, and attachable card readers that transform devices into cash registers.

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The report answers the main questions surrounding this rapidly growing industry:

The report is full of charts and data that can be easily downloaded and put to use.

In full, the report:

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