The Small Business Doer

Small businesses today have a tremendous opportunity to be part of the cashless society. Like many small business owners out there, you may still be deciding whether mobile payments are worth it or not and probably searching for the right payment solution for your business. To help small businesses familiarize themselves with the various options that are in the market, we start our series of mobile payment reviews beginning with Payfirma.

Mobile Payment is a fast way and easy way to pay for a product or a service using your smartphone or tablet wherever you are, anytime of the day. Mobile Payment is being adopted in various ways from web purchases, store purchases, money transfers, SMS based transactional payments to ticketing, parking and even taxi payments. It’s a rapidly growing business that will reach $171.5 billion in 2012 and $617 billion by 2016 with 448 million users.