I’ve been fascinated with new methods of electronic payments. There are lots of new offerings, providing ways to use mobile devices and key fobs. I see using them in a rush – at convenience stores, coffee shops, restaurants…but I never imagined using them in a shopping mall. That’s probably because I don’t go to shopping malls anymore. Clearly I’m not the only one. This article from TechCrunch… ” Once a key differentiator, mobile payments are fast becoming a commodity and are widely used by retailers. Yankee Group found that 61 percent of large merchants already use a mobile checkout or plan to in 2014. We are seeing the major payments players recognize this, realizing that they can’t bank on razor-thin profit margins from swiping fees alone.”
via Why Payment Innovation Is Not Enough For Retail | TechCrunch.