Mobile is reshaping ecommerce. This episode, featuring credit card veterans John Waldron and Derek Del Conte, unveils how mobile devices are transforming payment processing for both consumers and merchants. Discover the strategic moves and future outlook for mobile payments in ecommerce.
Key takeaways
Mobile payment solutions are critical for merchants to adapt to evolving consumer shopping habits.
The acquisition of AppNinjas by Merchant Focus and innerfence signals a consolidation trend and increased importance in the mobile payment processing sector.
Understanding the functionality and security of mobile payment applications is crucial for businesses evaluating their options.
Mobile payment terminals offer distinct advantages and disadvantages compared to traditional POS systems, which merchants should carefully consider.
The rise of mobile devices is affecting ecommerce. More consumers are using these devices to shop online and more merchants are using them to collect payments. Two experts in the credit card business spoke with us about processing payments on mobile devices. They are John Waldron, CEO of Merchant Focus, and Derek Del Conte, CEO of innerfence, which makes Credit Card Terminal, a popular iPhone application.Together, they have just purchased another mobile credit card processor called AppNinjas,...
Frequently asked about this episode
What does this episode say about fintech?
Mobile payment solutions are critical for merchants to adapt to evolving consumer shopping habits.
What does this episode say about mobile payments?
The acquisition of AppNinjas by Merchant Focus and innerfence signals a consolidation trend and increased importance in the mobile payment processing sector.
What does this episode say about payment processing?
Understanding the functionality and security of mobile payment applications is crucial for businesses evaluating their options.
What does this episode say about fintech?
Mobile payment terminals offer distinct advantages and disadvantages compared to traditional POS systems, which merchants should carefully consider.
