The Five Online Payment Trends to Watch in 2011

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PAYPAL Australia's MD Frerk-Malte Feller has blogged about the trends he is seeing in the market.

He said mobile commerce will be a big area of growth in 2011. In Australia, it grew 12-fold in 2010, reaching a value of $35 million up from just $2.7 million in 2009.

C[pounds sterling]Mobile payments enable eCommerce merchants to expand their offerings and create new experiences on the phone Co a trend we expect to see continue as mobile blurs the line between offline and online,C[yen] he said.

It's new, but the era of IP connected TVs is upon us and the sector is poised for dramatic growth according to Feller.

He said 2011 would continue to be all …