Mobile Payment Technology on the Rise
Google Wallet, Square and other mobile payment options are a great option for small businesses, and data from Deloitte shows they are becoming more popular.
Mobile payment technology means that small businesses don’t need a cumbersome cash register to make transactions. With mobile payments small businesses can get the money sooner, and customers can be reassured their payment was made safely.
About $5.5 trillion is made in retail transactions each year. Deloitte predicts that mobile payment will increase to 21.3%, from 6.8%. If you haven’t explored mobile payment options yet, now is the time!