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Financial technology providers are partnering up to offer expanded mPOS capabilities to merchants, which are looking for tools to avoid long checkout lines. At the same time, businesses are willing to switch payments service providers if they are offered a better deal. In addition, tens of billions of dollars in the U.S. charitable giving market come from online donations, and the canned tuna industry is adapting to the tastes of millennials and younger consumers amid a decline in consumption.
56.4 percent: The share of businesses that are willing to switch payments service providers if they are offered a better deal.
$47.7 billion: The value that the global mPOS market is expected to reach by 2025.
Read full article » https://www.pymnts.com/today-in-data/2018/retailers-mpos-features-mobile-payments/
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