The answers actually in the name. Mobile payments are paying with a mobile device, mainly your smartphone. This makes for a more convenient and rewarding experience both for user and merchant. For example people can now pre order and pre pay for their coffee’s before leaving the office so when they arrive at the cafe their order is ready, and because they have already paid there is no waiting.

This allows merchants to take more orders over a longer time especially during the run up to peak service hours. The user has a better experience because of the fact they don’t have a long queue time and can also be rewarded with loyalty points built into the App.

Also they can save favourite orders so any future checkout can happen in a single touch. Just like magic! There is no more filling out billing information or other long forms. All of that information is saved in the customers phone.

Losing your phone or getting a new phone isn’t really a concern. With MPS you are able to log in and disable your account and also there will be a pin number needed to confirm every transaction. Just contact us as soon as this happens just to be safe.

Our payments are completely secure as all the transactions are processed through a our national bank. So its no different to any other card payment you make, except mobile fraud is the lowest of all online transactions due to the added security barriers that are built into your smartphone.

The average transaction, depending on what type of card the customer is using clears the same as a chip and pin service. So between 3 to 5 working days.

With over 60% of all online payments now being made through mobile its safe to say that cash is definitely not king anymore. In fact in 2014 electronic transactions overtook cash for the first time ever! With the surge of new technology the annual growth in mobile payments is going to be 43% every year until 2018. So to not offer your customer the option of mobile payments, no matter whether you are a big retailer or market trader, is becoming an increasing factor as to why sales are dropping in store.

Depending on what features your business needs the price will vary. One thing’s for sure though, we have the most competitive pricing vs quality of products you get with our solutions. Contact us for more details and we will be happy to help.