Saturday, 23 September 2017

Information and commentary for the small business banking industry

Mobile the way forward for banks and SMEs

13 Mar

We’ve said it before and we’ll say it again – mobile technology’s the Next Big Thing. For some time now, people have been using their smartphones for a variety of purposes that don’t include making calls – as a wallet, an internet browser and a GPS device to name just a few. That’s why it’s so important for your small business customers to be able to offer their clients mobile payment options, and whyi it’s important for their bank to provide them with those options.

This is especially true of service-based businesses. People want to pay on the spot for a job well done, and most of the time, they want to pay with their mobile. Not only is the payment then done and dusted for both the business owner and their client, but the business owner has the cash in their account straight away and doesn’t have to waste time creating and chasing up invoices.

There are any number of apps that are being developed around payment solutions, and if your bank hasn’t caught up with the times and added a mobile option to their range, then now’s the time.

The below article looks at more mobile trends affecting small business this year and beyond.

Read the full article at: medium.com

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