Mobile payments are the largest change to retail in a half century

Mobile Payments

Industry experts are calling smartphones the biggest industry revolution since the credit card. When examining the mobile payments world, it is now being said that the revolution it has brought along with it for retail is comparable to that which was seen in 1958 when the first Visa was introduced by Bank of America in the form of the BankAmericard. Smartphones now offer a widespread transaction method that consumers can use on a mainstream basis. Just as credit cards are now vital to today retail marketplace, regardless of the status…

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