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Sponsored: Moving to mobile payments

June 23, 2015 Tech4BusinessNow Resource

“Mobile payment” has been generating buzz for a while, but there’s a renewed interest in it due to the introduction of Apple Pay and Google’s increasing efforts to drive adoption of its NFC-enabled Google Wallet. According to HP Architect Don Gonzalez, the upswing of mobile payments is the result of several trends: less people using cash, online and in-app purchases, credit card security breaches, and the growth of mobile device. With U.S. mobile payments expected to reach $90 billion by 2017 [1], does your business have a mobile payment plan of adoption yet?
Let’s get started with the basics on the three major players in mobile payment right now.