Tag: mobile payments

Research shows on 2% of small businesses are using mobile POS solutions

Despite reports of the meteoric rise of mobile commerce throughout the United Kingdom, the country’s small businesses have yet to show any real enthusiasm for the mobile space. According to new research from the Kalixa Group, only 2% of the UK’s small businesses are making use of mobile point-of-sale (POS) systems. Large businesses, like prolific retail brands, tend to be more accepting of mobile commerce, but smaller companies have yet to see any significant benefit from engaging mobile consumers in an aggressive fashion.

Small businesses may not be able to justify cost of mobile POS

One of the major barriers preventing small businesses from entering into the mobile space is cash flow. Mobile POS solutions allow these businesses to accept mobile payments, but these solutions tend to be somewhat expensive. Small businesses can rarely justify the extra cost of solutions that may not represent a sufficient return on investment. While some studies have shown that mobile consumers are more inclined to spend money when shopping, this may only be the case with larger businesses that offer a wide range of products and not so with specialty retailers and niche businesses.

Companies are opting to focus on digital space rather than support mobile payments

Small businesses are, indeed, interested in engaging mobile consumers, but are not yet willing to embrace mobile payments. Many small businesses are working to bolster their mobile presence by engaging consumers digitally, ensuring that their websites and other digital platforms are mobile friendly. While they are working on engaging mobile consumers on the digital plane, they are also beginning to focus more on mobile security to prepare for a potential future in mobile commerce.

Small businesses concerned about threats of the digital world

Kaliva’s research shows that most small businesses in the United Kingdom are primarily concerned with the security of mobile commerce. Many believe that the mobile space is simply not secure enough, leaving them exposed to significant financial risks. These businesses are beginning to take steps to ensure that they and their customers are sufficiently protected against digital threats.

Android and iOS users of the Foodpanda app can now enjoy a quick and convenient payment service.

A cashless mobile payments option is a new feature offered by the popular mobile food delivery app, which now gives users the ability to not only easily order food from a variety of restaurants based on their location via their mobile device, but lets them pay for it immediately while using their device, as well.

To activate the payments service, users only need to link their credit card.

In order to be able to benefit from this feature, Android and iOS users need to download the 2.0.9 version of the Foodpanda app. They will then need to link their credit card for the service to work. It is a quick and easy process and it gives users the freedom to order their food without having to worry about having cash when it is delivered. Instead, the payment process is already taken care of at the time the order was placed. Thus, Foodpanda users can go cashless by paying for the food delivery service in advance.

The in-app mobile payments feature only works if restaurants support online payments.

One of the drawbacks of this service, however, is that it is not an option for every restaurant. In order for it to work, the restaurant must support online payments and be integrated into the Foodpanda system. Therefore, not every one of the restaurants listed will work with the m-payments option.

While its latest in-app payments feature is not an original concept, as its competitors, GrubHub and Just Eat added this feature a while back, Foodpanda remains popular. Mobile users like that the app gives them the ability to browse and order food from restaurant menus that are available near their location. Furthermore, the service operates in more than 20 countries, including India, Indonesia, Malaysia, Taiwan, Philippines, Georgia, Cambodia, Russia, Ukraine, Poland, Serbia and others.

In addition to the new cashless mobile payments feature, the app’s overall performance was improved and the interface of the app was reworked. There were also more restaurants added. The latest version of the Foodpanda app is available for download at both Apple’s App’s Store and Google Play.