The global market for mobile and wearable contactless payments is estimated to reach $95 billion annually by 2018, up from less than $35 billion last year, according to new data by Juniper Research.
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There has been a shift over the last ten to fifteen years in the world of online commerce. Online buying has morphed into buying through our mobiles and looks set to shift again as social media becomes the centre of the buying experience.
The annual transaction value of online, mobile and contactless payments is expected to reach $3.6 trillion this year, up from $3 trillion on 2015, resulting in a 20 percent increase, according to new figures from Juniper Research.
For hospitality businesses, offering payment at the table is not only more convenient for customers, but healthier for your margins. Here are 5 reasons why.