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Welcome to Web-Merchant Services blog. Each month we will be adding articles that we hope you will find not only interesting, but also useful. These include whitepapers about our products and services and how to get the best out your online business. Enjoy! :)

Friday, 28 October 2011

Smartphone Payments

Start accepting Online Payments via a mobile / smartphone

Mobile phone payments provide your customers with the ability to pay for goods and services using their mobile phone / smartphone device

Spending on mobile devices is expected to increase by 50% in the next 5 years

"Seattle-based coffee chain Starbucks is taking its mobile payments plan nationwide. The companyis now expanding the program to 6,800 stores across the country and soon onto other devices."

A report published by Barclays shows consumer spending on mobile devices will increase to £13bn by 2021 compared with £650m in 2011.

The growth of mobile sales will be driven by increases in smartphone technological such as 4G and NFC. In 2021 retail sales are expected to be worth some £390bn, with m-commerce accounting for 5% of sales.

Teenagers and young people to embrace smartphone payments

Young people are much more likely to use their smartphones to pay for goods and services then the older folks. The nature of smartphone payment technology was one of the leading factors in encouraging them to use smartphones as it removes the requirement to queue.

Isn't it time you started to accept payments via mobile phone?


As part of our merchant accounts and gateway we provide the ability for you to start accepting payments via mobile devices from your customers. As usual integration guides are provided once your application has been approved.

To view more information about this account please visit our website

http://www.web-merchant.co.uk/

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