Mobile payment refers to a collection of payment methods where you use your phone to pay for digital or physical goods. It can, for example, be NFC (contactless) or instant bank transfers triggered by your phone.
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Offering flexible and hassle-free payment methods is an important step to increase your sales.
It pays to be different.
Once a concept goes mainstream, it transforms from fad to norm. This is the case with alternative payment methods (APMs), a phenomenon that is rapidly merging into the conventional world of e-commerce.