Janice Schakowsky actually said...

"However, as this technology continues to expand, we need to understand how these payment structures work, what security and consumer protection vulnerabilities exist, and how to address those issues t..."

"We do expect mobile payments to double from today to 2020."

"Thank you, Mr. Chairman, for holding today's hearing on mobile payments. I look forward to hearing from our witnesses on this important subject, which is all the more relevant during the holiday shopp..."

"With mobile payments expected to double from today to 2020, this is one of the fastest-growing sectors of the U.S. economy."