Mobile transactions are getting faster and more efficient. As smartphones become more ubiquitous, more consumers are ready to pull out their phones to make a payment—and expect the option to do so.
But choosing a mobile payment provider isn’t so straightforward. With so many options available, it’s hard to know how to pick the best.
You could develop your own from scratch—or partner with a niche provider who specializes in your industry. But as you’ll learn, retailers will be better served by going with one of the big three providers: Apple Pay, MasterPass by MasterCard, or Visa Checkout.
Everyday, millions of consumers already use these established, large-scale mobile payment systems. They’re ready-built, tried and tested technology stacks that tick all the boxes on security, compliance, and user adoption.
For more on this story visit the following link: Apple, Visa and Mastercard Are Mobile’s Best Bets for Retailers
Source: Payment Source