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Retailers likely to be winners in m-payments

Posted on 22/04/2013 by Marketing

Experts have suggested that retailers could be set to capitalise on the strong growth in mobile payments, as more consumers order parcels and other items via mobile.

According to Internet Retailing, the topic was discussed at length at the International Payment Summit in London last week. Delegates noted that mobile networks, retailers and banks are all vying for supremacy over the mobile payments process.

“Retailers will be the winners with m-payments as it can be used to revolutionise and improve the point of sale experience and perhaps even help in the total rethink of how retail works,” Niklas Bartelt, MD of DZ Bank told the conference of bankers.

Read the full article at Internet Retailing – http://internetretailing.net/2013/04/retailers-like-to-be-winners-in-m-payments-with-banks-making-them-work-suggests-leading-banker/

Posted in Payments Retail