Mobile Payment Hacks for Business

mobile payment business

Does your business provide a mobile payment option? As payment services and mobile technologies become ubiquitous, the opportunity to turn a prospect into a customer through a mobile payment option should be on your radar!

Mobile payments are clearly the trending technology for businesses of all sizes. In 2012 there were $12.8 billion in mobile transactions in the U.S., by 2017 that number will be at $90 billion. That’s a 48% compound annual growth rate over five years! Yet only 66% of small businesses use any type of mobile technology, let alone mobile payment technology. Moblized

I find myself paying my mobile phone bill, insurance, getting rides and even paying my street parking via mobile applications and mobile payment options. On Saturday I attended a fundraiser where a silent auction totally happened with the use of text messaging and nothing else!

There’s still an instance in every transaction – between the decision to purchase and the actual purchase – where many prospects abandon. Mobile payments may be the bridge to rid yourself of those losses.


What do you think?

This site uses Akismet to reduce spam. Learn how your comment data is processed.