How Do Mobile Payments Pay Off for Small and Medium Businesses?

By Devon Drennan on October 9, 2015
Tags: Productivity

How Do Mobile Payments Pay Off for Small and Medium BusinessesAs a small business owner, you probably already use mobile for some things: updating your social media pages, checking bank balances, or communicating with customers. And you probably know about the mobile card readers that turn your phone or tablet into a POS (point-of-sale) terminal.

As today’s POS systems become more affordable and easier to use, businesses that have held back due to cost or fear of complication are starting to move forward. In fact, 40 percent of small businesses are already working with a mobile card reader, and with compelling evidence that using one could actually increase the amount customers spend, more companies — including your competitors — will soon join the trend. Read on for more compelling statistics on how going mobile can help your business succeed. 

How Do Mobile Payments Pay Off for Small and Medium Businesses

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