Thursday, 14 March 2019

5 Mobile Credit Card Processing Myths Busted

Although still relatively new, mobile credit card processing is on the rise.

What we thought couldn't be any more convenient, taking a single card out of your wallet to pay for something, has somehow gotten even easier.

Credit cards are slowly killing cash.

Are we about to witness mobile credit card processing kill the credit card?

The benefits are innumerable for both the business and the consumer.

Mobile credit card processing is more convenient, the business can streamline their POS system, and they gain access to a new world of business opportunities based on data collected from their customers.

However, mobile payments as a whole remains a hotly debated topic among retailers, customers, and industry experts alike.

Maybe it's because humans are generally resistant to change.

When credit cards were first introduced, no one trusted them over cash.

Even when banks first became mainstream, people would still rather keep their money in a safe at home.

Every innovation takes time to evolve. Mobile credit card processing is no different.

Moreover, with every innovation, comes a laundry list of myths that keep it from breaking through.

Myths that are either completely made up, or are based on false information.

In the article below, we will bust five myths about mobile credit card processing.



source https://www.emscorporate.com/news/5-mobile-credit-card-processing-myths-busted

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