By 2017 it is projected that 86% of all merchants will be able to accept mobile wallet payments. Will you be one of them? Do you know how to accept mobile wallet payments?
This article shows the projected use of smart phone payments and mobile wallets by 2016 and the increasing acceptance of the mobile wallet technology. Visa/MC are generating their own mobile wallets and they estimate that by 2017 86% of merchant will accept NFC (near field communication) forms of payment. Compared to .08% in 2011, that leaves a lot of room for growth. The time to set up to accept mobile wallet payments is now!