Trends in Social Media: Mobile Payments

Although the idea of mobile payments is relatively new in the United States, the developing world has been rapidly adopting these services for some time now. Add the recent interest in the States to the fact that major players like Visa are pushing toward mobile payments and companies like PayPal already have mobile payment apps for iPhone, Blackberry, and Andriod phones, and what do you have?

You have a shift towards mobile payment systems, thats what. Being able to make and take payments directly from your mobile phone is the latest trend and going to be the way of the future of commerce. Small business owners are going to want to keep a close eye on  this!

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