What you need to know about mobile payments

Mobile payments have actually been around for a few years now, but have only recently made the kind of impact that makes consumers and businesses take note. Unsurprisingly, mobile payments refer to financial transactions that are performed using a mobile device, most commonly a smartphone. As an alternative method of payment to debit cards or cash, mobile payments have gained in popularity all over the world, with businesses ranging from tech giants to independent startup all vying for market share in this fledgling industry. As with any other new technological phenomenon, mobile payments are sure to create as many disruptions… [Continue Reading]