Retail in Asia

In Trends

Retailers both large and small find big advantages to mobile payment systems

The way we pay for things is changing. Those credit-card keypads yielding paper receipts are giving way to a new group of mobile payment devices that merchants say charge cheaper swipe fees, and are faster and easier to use. Recently, Starbucks signed on with Square, one of the more popular devices in the market. That means 7,000 Starbucks stores will process US credit and debit card transactions with Square – thus linking the card reader with a major retailer.