Electronic Commerce International, a provider of credit card processing for small business, has predicted that 2013 will be another big year for mobile payment solutions among small and medium size businesses. Further, ECI CEO Jim Anderson said it could could become vital to keeping many small merchants competitive. 

"We've already seen from this holiday season that well over 20 percent of sales are going to be from a mobile source, and that is expected to rise," Anderson said. "For our small business merchants, getting a mobile payment system in your store front is going to be crucial to be able to continue to compete."

According analysts at Forbes, this can be especially true for those in the restaurant business. In December, the company reported that "currently less than one in 10 table service restaurants offers electronic table-side payment or mobile payment, and those are some of the things that the industry's key demographic — 18- to 34-year-olds — want."

Read more about mobile initiatives.

Related Content

User Comments – Give us your opinion!
Products & Services

VL Series: Slim Bezel Design great for multi-screen applications

http://global.networldalliance.com/new/images/products/5941.png

5941/VL-Series-Slim-Bezel-Design-great-for-multi-screen-applications

SmartCombiâ„¢

http://global.networldalliance.com/new/images/products/6285.png

6285/SmartCombi

LG 32WL30MS-B

http://global.networldalliance.com/new/images/products/6455.png

6455/LG-32WL30MS-B

RFID & Customer Driven Smart Shelves

http://global.networldalliance.com/new/images/products/RFIDnanoShelf_100.gif

123/RFID-Customer-Driven-Smart-Shelves

Ongoing recruiting needs- Recruiting strategy to meet continual …

http://global.networldalliance.com/new/images/products/6349.png

6349/Ongoing-recruiting-needs-Recruiting-strategy-to-meet-continual-hiring-needs

HotSchedules

http://global.networldalliance.com/new/images/products/6543.png

6543/HotSchedules

Remote Monitoring, Management & Measurment Software - CommandPoint

http://global.networldalliance.com/new/images/products/2260.png

2260/Remote-Monitoring-Management-Measurment-Software-CommandPoint

Digital Signage PC Solution with Maximum Flexibility

http://global.networldalliance.com/new/images/products/philipsicon.jpg

4011/Digital-Signage-PC-Solution-with-Maximum-Flexibility

Philips Video Walls

http://global.networldalliance.com/new/images/products/4174.png

4174/Philips-Video-Walls

LG 55WS50BS-B

http://global.networldalliance.com/new/images/products/6423.png

6423/LG-55WS50BS-B

CONNECT 2014 Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.