White Paper | September 20, 2012

Merchants Shift To Mobile Payments [Infographic]

Source: Cayan

This infographic from Merchant Warehouse provides a look at how businesses get paid in America. Cash flow is what turns a hobby into a business and payments in any form are the most necessary part of commerce. Payment methods have changed dramatically over time, moving from barter systems of the past to mobile payment systems of today.

This infographic explains how past and present payment methods have worked throughout history and where they currently stand now. It begins with the barter system, moving to commodity money, then to coins, paper dollars, credit cards, and finally mobile payments.