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

MP70 HD Media Player

http://global.networldalliance.com/new/images/products/5917.png

5917/MP70-HD-Media-Player

PeopleMatter LEARN™

http://global.networldalliance.com/new/images/products/4627.png

4627/PeopleMatter-LEARN

Digital Red Book

http://global.networldalliance.com/new/images/products/4919.png

4919/Digital-Red-Book

Check Point

http://global.networldalliance.com/new/images/products/1843.png

1843/Check-Point

Paging Systems

http://global.networldalliance.com/new/images/products/6079.png

6079/Paging-Systems

Online Ordering

http://global.networldalliance.com/new/images/products/5931.png

5931/Online-Ordering

LG 32WL30MS-B

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

6455/LG-32WL30MS-B

Mobile

http://global.networldalliance.com/new/images/products/4760.png

4760/Mobile

Total-Point of Sale

http://global.networldalliance.com/new/images/products/6535.png

6535/Total-Point-of-Sale

LG 84WS70BS-B

http://global.networldalliance.com/new/images/products/6419.png

6419/LG-84WS70BS-B

Digital Menu Boards and ROI
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.