U.K. Mobile Payments to reach 20 million users by 2020

U.K. Mobile Payments

The Centre for Economic and Business Research also sees large increases in purchasing over smaller screens. According to a recent report providing information on a study conducted by the Centre for Economic and Business Research (CEBR), the use of U.K. mobile payments is going to explode over the next seven years, while at the same time, people in the country will be using their smartphones and tablets to buy a growing number of products and services. The prediction is that this year’s $7.85 billion in purchases will have risen to…

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Mobile payments offer advantage to small businesses

Mobile Payments

Restaurants specifically stand to benefit from offering patrons a way to pay using smartphones. Analysts are stating that in order to remain competitive now that it is 2013, it will soon be considered to be “crucial” for small businesses and restaurants to offer mobile payments options to their customers. This will help to provide those companies with the type of competitive edge that they require. Electric Commerce International CEO, Jim Anderson, agrees with this statement and included it in a release from his company on the subject. That company is…

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