On the weekend that Open Banking in the UK goes live and the new Payment Services Directive 2 (PSD2) comes into effect across the EU. What Mobile Payment has taken a look at where payments are now and what customers and businesses can expect in the future as new fintech businesses looks to take business away from the traditional banks to make it easier to manage our money and ensure we are getting value for our pounds.
This all comes at the same time as new research has been published by mobile service provider Stratix in collaboration with IHL Group, finding that Retailers deploying mobile POS solutions have seen an increase of sales by 24 percent. Also stagnant or struggling businesses saw a 100 percent increase in sales for 2017 after deploying mobile POS solutions and expect another 47 percent growth in 2018.
by What Mobile Payment
Posted on January 12, 2018 at 17:46 PM