Article | June 9, 2016

Adapting To The New POS: The Consumer

Source: WorldPay
As mobile payments continue to gain momentum in the payments industry, it has become apparent that multiple players are reaping the benefits.

Not only has the mobile payments boom helped consumers but developers and merchants, as well. When using biometric payments and other micropayment options, consumers are willing to make larger payments or make smaller purchases more regularly from their devices, increasing merchants’ profits. Developers who are applying simple mobile payment options to their solutions are now in the position to create new relationships with merchants.

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