This article in bDaily Business News correctly states that the benefits of m-POS outweigh all of the risks, a perception that Mercator agrees with for small to well managed mid-size merchants:
“Global mobile payments solutions provider, Omlis and technology partner Seric Systems have looked at the pros and cons for merchants considering implementing a mobile payment strategy. The risks and benefits of three key areas were considered: implementation, security and cost.”
Each of these areas is explored in the article and is worth reading to anyone confused regarding the m-POS opportunity. Mercator predicts that m-POS will move into even the largest merchants over the next 10 to 15 years in its Report “M-POS: Expanding the Payments Value Chain into New Territories” and provides a significantly greater detailed analysis supporting this conclusion.
Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group
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