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May 1, 2014 02:17 am GMT
Once a key differentiator, mobile payments are fast becoming a commodity and are widely used by retailers. Yankee Group found that 61 percent of large merchants already use a mobile checkout or plan to in 2014. We are seeing the major payments players recognize this, realizing that they cant bank on razor thin profit margins from swiping fees alone. For instance, Square has introduced other… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zHBA1Ad_Q8c/
Why Payment Innovation Is Not Enough For Retail
Once a key differentiator, mobile payments are fast becoming a commodity and are widely used by retailers. Yankee Group found that 61 percent of large merchants already use a mobile checkout or plan to in 2014. We are seeing the major payments players recognize this, realizing that they cant bank on razor thin profit margins from swiping fees alone. For instance, Square has introduced other… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/zHBA1Ad_Q8c/
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