Consumers are constantly looking for more convenient ways to make purchases. While some consumers are slow to adopt the use of mobile payments, many love the convenience especially as more and more merchants are offering it as a payment option. Many merchants are even incorporating reward programs and deals with their mobile apps, making it more enticing for consumers. As more merchants start to offer mobile payments as options, this payment method continues to grow. In 2015, mobile payments represented $550 billion and are expected to reach $2.8 trillion by 2020.
Unlocking the Benefits: Level 2 & Level 3 Processing in Payments
In today's competitive business landscape, optimizing costs and streamlining operations are key priorities for companies of all sizes. When it comes to payment processing, businesses have a valuable tool at their disposal: Level 2 and Level 3 processing. These offer...