Mobile payments overtaking cash-based transactions
February 26, 2013

Integrated payment systems have become more popular in recent years, as consumers increasingly prefer to shop at locations that can accept credit card payments through a variety of platforms. Merchants should consider procuring and implementing these technologies to ensure the strongest financial performances in the long term.

The volume of mobile payments continues to grow exponentially, to the point where the traditional cash register might become an antiquated item in retail in the coming years. According to Mobile Payments Today, next generation point of sale terminals are outpacing traditional transaction processing platforms with the passing of every year.

The source explained that retailers gain a variety of advantages following the implementation of mobile payment processing systems. These include the ability cultivate and analyze large volumes of data that reveal trends in the market, and behaviors of specific customers. 

Small and medium-sized businesses (SMBs) should consider using Sage Mobile Payments, as this product is compatible with all major smartphones and tablets, including iPhones, iPads and Android-powered devices. Sage Mobile Payments is custom made and priced to fit the needs of small and mid-sized merchants and retailers. 

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