These systems are increasing in popularity as smaller companies seek alternatives to traditional platforms. Mobile payment technology is starting to take off among small businesses in the Canadian province of Nova Scotia, as they seek to discover alternatives to the traditional online platforms and point of sale systems. Now that there are a growing number of players in the marketplace, businesses have choice. Among the various options that are starting to make some headway in the Canadian mobile payments marketplace among small business is Square. This American startup provides merchants…
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Mobile payments are struggling in Sweden
Estimates have shown that smartphone penetration in Western Europe has reached around 25 percent. The latest estimates from eMarketer have been released and they are showing that although 25 percent of Western European consumers have smartphones, mobile payments are still lagging behind in Sweden where penetration is higher. SBAB Bank data from August and September showed that penetration in Sweden is at 67 percent. However, even though Swedish consumers are more than twice as likely to have smartphones than their average European counterparts, mobile payments still aren’t picking up very…
Read MoreLowe’s employees to receive 42,000 iPhones to assist shoppers
Lowe’s has announced a new effort to make it simpler for its employees to help customers by arming its store associates with 42,000 iPhones that can complete transactions and will replace the traditional scanners. The iPhones have already started to be implemented by the home improvement retailer in its American and Canadian stores, and the company anticipates the completion of the rollout by the fiscal year’s close. Using the iPhones to replace the scanner guns lets employees answer customer queries more easily and assist them in completing their purchases. According…
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