From using smartphones to pay for things with an instant tap, to stores that are using mobile devices to accept credit cards anywhere in a store, the mobile payment revolution is here. Between 2015 to 2020, mobile payment volume is expected to increase at a compound annual growth rate of 80 percent, with the mobile payments volume expected to reach more than $500 billion by 2020.Read More
Tagged "mobile payments"
How convenient an in-person checkout process is can have a significant effect on customer satisfaction in a store or with a business. With a 246 percent increase in ecommerce sales from 2014 to 2021 and half of Americans saying they don't carry cash with them the majority of the time, having mobile card reader payment forms for your business can serve a customer need and differentiate you in and outside of your store. Plastic is king for most payments today, and the easier you can make the payment process, the better the shopping experience is.Read More
A brand-new year is here and a great way to start 2019 is by staying up to date on all the latest credit card processing trends! Having access to a complete overview regarding the latest payment trends, shopper behavior, security, and information from both the point of view of the customer and business owners is pivotal to staying well-informed on all fronts.Read More
There are plenty of mobile payments options available in today’s smartphone-driven world, and it seems new ones are popping up every day, so you’d think we would be using mobile wallets to pay for everything from that daily cup of coffee from the local coffee shop to the flat-screen TV from the big box store. But it is not so. Plenty of us are using mobile payments, and there are more coming on board all the time, but the fact remains the rate of adoption is far from ideal.Read More