{"id":86927,"date":"2012-02-02T10:02:35","date_gmt":"2012-02-02T18:02:35","guid":{"rendered":"http:\/\/www.retailpro.com\/community\/blog\/index.php\/2012\/02\/02\/implementation-costs-remain-key-barrier-to-mobile-payments\/"},"modified":"2012-02-13T08:55:50","modified_gmt":"2012-02-13T16:55:50","slug":"implementation-costs-remain-key-barrier-to-mobile-payments","status":"publish","type":"post","link":"https:\/\/www.retailpro.com\/News\/blog\/index.php\/2012\/02\/02\/implementation-costs-remain-key-barrier-to-mobile-payments\/","title":{"rendered":"Implementation costs remain key barrier to mobile payments"},"content":{"rendered":"

While 2011 wasn't the year that mobile payments hit mainstream, it did seem as if payment technology was heading that way – Google rolled out its mobile Wallet App, PayPal announced its intent to enter the arena and several credit card processors announced mobile payment plans.<\/p>\n

What's holding merchants from jumping at these services? According to VentureBeat, it may the cost of integration. While mobile payments may become the de facto point-of-sale solutions some day, the cost-to-benefit rate simply isn't worth it to retailers right now.<\/p>\n

"Today's retail systems are so inflexible, the integration of any third-party systems will result in a huge IT expense for implementation," the technology blog explains. "The customization required so that all components of the point-of-sale system … interact with a new mobile payment platform without disrupting the operation of the existing systems is cumbersome … due to complex software integration."<\/p>\n

Some retail brands are beginning to dabble in mobile payments. For example, Office Depot just teamed with PayPal to enable customers to pay using their phone numbers.<\/p>\n","protected":false},"excerpt":{"rendered":"

While 2011 wasn’t the year that mobile payments hit mainstream, it did seem as if payment technology was heading that way. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":86928,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-86927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-point-of-sale-software-systems"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t