The payment industry has been experimenting with mobile commerce for some time. Over the last few years, the adoption rate of the technology has increased because the functionality of the hardware and software has improved and the platform has become more secure. According to a new study, things are going to pick up in 2014.
At the most recent TRANSACT 2014 conference, CAN Capital conducted a survey of payment professionals and executives to determine what their thoughts were on mobile payment technology and other trends.
According to 42 percent of respondents, new payment technology is the trend that will gain the most traction by the end of the year. This is followed by product integration (24 percent), increased partnerships (23 percent) and company consolidation (11 … more