The New Smart MoneyCan I get your number? Mobile commerce makes purchasing as simple as waving your smartphone at the register.
By杰森Ankeny•
Opinions expressed by Entrepreneur contributors are their own.
You know the clunky, unsightly cash register occupying all that real estate in your place of business? Say goodbye. It's now a paperweight--a fossil, a relic of a bygone era where cash and plastic reigned supreme. The future of point-of-sale transaction processing lies in the mobile phone, the one thing your customers carry with them wherever they go--the one thing they absolutely never leave home without.
Merchants have heard this prognostication before, of course. Pundits have forecasted the emergence of mobile wallets for roughly a decade. The tech sector has promised--but failed to deliver--a secure, alternative payment system that would accelerate the transaction process, increase customer spending and streamline operations. The kind of system that would be a godsend for verticals like quick-service restaurants and convenience stores. But mobile commerce always failed to take off.
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