The growth of mobile payments in 2012
December 19, 2012
Many experts have dubbed 2012 the year of mobile payments, and reports regarding the widespread adoption of integrated payment systems support the idea that this assertion is accurate. Merchants that fail to adopt the necessary systems to accept credit card payments, especially through a variety of platforms, might fall behind the competition in the coming years.

Mobile Payments Today recently listed its top mobile payments stories of 2012, including the rapid growth of point-of-sale platforms used for mobile payments. According to the news provider, the last 12 months have been marked by far more than just higher numbers, with innovation and advances in payments technology being the real story.

The source explained that merchants are increasingly turning to smaller providers of mobile payment processing technology, as more options proliferate and offer more competitive pricing. Finally, Mobile Payments Today noted that the rise of mobile devices as the real drivers of mobile payments, both on the merchant and consumer sides, will likely shape the industry in the coming months.

Small and medium-sized business owners interested in using mobile devices to process transactions should consider using Sage Mobile Payments.
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