The Rise of Mobile Point of Sale: From New Kid to Next Gen
Report Summary
The Rise of Mobile Point of Sale: From New Kid to Next Gen
MPOS is the key to unlocking value in payment services.
London, 15 April 2015 – MPOS solutions have taken the payments world by storm. Despite the technology’s recent emergence and initial focus on micro merchants, an increasing range of enterprises recognize that mPOS services offer new ways to interact with clients and help to convert leads into sales. As merchants start to use this new acceptance technology to enhance their businesses, will mPOS become an opportunity or a threat for payments industry incumbents?
Based on Aite Group interviews with a range of leading organizations active in the payments industry, this piece discusses what merchants value about mPOS, its growth, how it differs from traditional point-of-sale services, and how the spread of mobile technology is transforming the merchant acquiring business.
This 34-page Impact Report contains seven figures and 11 tables. Clients of Aite Group’s Retail Banking & Payments service can download this report.