Mobile POS: More Than Just Payments for Merchants

Payments providers, both legacy and emerging, are looking to leverage the mobile point-of-sale, or mPOS, market for both new and existing merchant accounts. The original disrupter, Square, set the competition in motion by meeting the needs of small businesses that wanted a mobile payment acceptance option and services to accompany it. Now merchants of all sizes are realizing that mPOS is a necessary part of their omnichannel strategy in order to best serve the payment preferences of their customers.

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Related Concerns

If you find this piece of interest and would like to explore this issue further, possible proprietary project work could be done to examine questions like these:

  • What are consumer expectations surrounding mPOS? How will they affect your products and services?

  • What impact will the growth of mPOS have on your existing POS system? What integration factors need to be considered?

  • How secure is mPOS? What about accepting different payment types—cards, EMV, contactless?

  • What’s the extent and availability of value-added services? Which ones apply to your own vertical market?

  • How does mPOS fit into your omnichannel strategy?

Let Mercator Advisory Group help your company become better positioned in the market.


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