mobile payments for retailers

Mobile Payments: FAQs for Retailers

Back in July 2011, US technology research company Gartner predicted that mobile users would jump to over 141 million in 2011, a nearly 40 percent jump from a year prior.

And near field communication (NFC), the Radio frequency (RF) to facilitate these payments, has been popular in the news: Visa recently approved select handsets to use its payWave technology, a big step in expanding the reach of mobile payments.

At the same time, Gartner and other advisories predict that mass adoption of payments could take a number of years–some even saying it could be a decade. The entire ecosystem … Read More