Top Predictions for Mobile POS Technology in 2015

Apple Pay will speed up the deployment of mPOS technology in 2015 because Apple Watches and iPhones can also be used if retailers use NFC-equipped mPOS terminals. A strong competitor to mPOS devices are QR code solutions like PowaTag that allow consumers to take a photo of a QR code, order and pay with their phone. However, QR code solutions use online payments that are slightly more expensive for retailers than card-present payments on a mPOS terminal. That might become an issue when in-store mobile payment volumes grow.