Get FREE Quote

Mobile Payment Predictions for 2014

Times are rapidly changing with technologies. This is clear when one uses a cell phone or buys goods or services. In fact, the way we spend money is changing at such a fast pace that it is hard to forget about the days of using a checkbook or cash. In fact, businesses now use mobile payment solutions to receive funds from customers around the world. With this comes a lot of new changes; here are the top three mobile payment Predictions for 2014.

Majority:

With new cell phones and apps, it appears that most people, by the end of 2014, will have used a smartphone to make at least one payment. This will lead to big changes down the road as people will enjoy the ease of use of this awesome technology. One must remember, when merchant accounts get everyone interested, it will be all but over and mobile will reign in the coming years.

Less POS systems:

Point of sales systems are a great way for a company to run their operations, keep track of sales and accept credit cards, checks or cash. There is one problem with all this; POS systems are often too big and unnecessary for smaller enterprises. Now, with the advent of smartphone applications and mobile solutions, one can accept credit cards without a POS system. In the future, many will skip this expensive addition and just keep a mobile app and tablet or smartphone on hand all the time. In fact, when going to a store or restaurant, many will notice that the cashiers use an iPad to run the transactions as they do not need a huge computer with a bulky operating system.

Even more competition:

Established providers will hate this, but more companies will enter the market. With the low cost to enter this market, many entrepreneurs around the world will want to be at the helm of the next big thing. With smartphones, tablets and websites, many think they have what it takes to be the next provider. Now, this is great for consumers as they will enjoy lower prices in the short-term as companies will compete for their dollars.

There are plenty of companies providing credit card processing services. While this is true, it should get more competitive, and providers will start to push their products on small business owners and people who need to, at times, to process a credit card transaction or two.

Leave a Reply

GET FREE QUOTE TODAY AND START SAVING


Testimonials

It took me a while to decide who I wanted to settle with to handle all of my credit card transactions because every company wants to make it sound like they're offering you the best rates. CreditCardProcessing.com was able compare and beat all of the other offers I received. They were also able to provide me the fairest price on my EMV-compliant terminal. My sales representative and the support team were there to assist every step of the way. Ultimately, I'm looking forward to a long term relationship with this company.

Roland Tran from the Hong Kong Kitchen

It is a pleasure dealing with these folks. Their pricing is fair, their statements are understandable and their employees are knowledgeable and friendly.

John MacMillian from the Great Lakes Baking Company

The service was very professional, my sales person (Steven B.) was very well versed in the product and most helpful in getting our company set up to accept credit cards via my cell phone. Their rates are some of the lowest on the market and their service is unparalleled. I will recommend them to anyone requiring a credit card processing service.

Michael Harper from Deluxe Auto Body

Jonathan C. is wonderful to work with. He is very helpful, accommodating and resolves any issue quickly. It is hard these days to find someone who gives great customer service, but I can say, Jonathan is the best! I would not hesitate to recommend him to any business owner and to assist you in helping to grow your business.

Linda Garner from Regali Da Forno

I called indecisive about getting a device, but speaking to your Sales Consultant completely settled me. He was very professional, knowledgeable and patiently walked me through the process. He always responded to my voicemails and answered all my questions. After I received my merchandise, he called following up to ensure that I had received it. Customer service I would say is 5 stars. Stellar! Thanks Credit Card Processing, I will definitely recommend you.

Sarah Morgan from Vision International Ministries
Call Us Today!

© 2017 CreditCardProcessing.com. All rights reserved. Privacy Policy
CREDITCARDPROCESSING.COM, LLC is a registered ISO of Wells Fargo Bank, N.A. Walnut Creek, CA

*Further terms and conditions may apply. Promotion contingent upon CreditCardProcessing.com's receipt of written competing offer(s).

**Certain restrictions may apply.

Promotional offers brought to you by CreditCardProcessing.com.

EMV™ is a registered trademark of EMVco, LLC. Apple, the Apple logo, iPhone and Apple Pay are trademarks of Apple, Inc., registered in the U.S. and other countries. Android™ is a trademark of Google, Inc.

Call for details.