USA:  Industry leaders are predicting a drastic climb in mobile payments over the next four years. Researchers estimate that Mobile payment transactions will reach $800 billion by 2019, and that number will continue to grow. As customers continue to demand a convenient and seamless mobile checkout process, merchants are scurrying to keep up with those demands.

Organizations have been spending up to six or seven figures on building mobile apps or mobile sites for the company. These companies have been seeing extensive growth in mobile traffic and engagement, but they lack direct ROI from these upgrades. One of the biggest challenges is the checkout process that takes too long to complete and the technology disruptions that continue to occur. Shopping cart abandonment rate is 97% on mobile devices, and if organizations can get 2% of those potential sales to complete checkout processes, online sales would double.

CIOs and senior technology executives are fully aware of the consumer demands and the need to make these upgrades now. Some key challenges that technology executives have addressed when implementing mobile payments include:

–Integrating technology with legacy systems and determining what technologies will work best with current solutions

–Converting current mobile traffic into sales by implementing a seamless mobile payment process

–Building customer trust around mobile security

–Keeping up with consumers wants and expectations mobile shopping and POS mobile purchases

The Exchange is delivered in a format that is wholly conducive to true peer-to-peer networking. Each Exchange provides opportunities  to learn best practices through numerous interactive sessions, listen to in-depth case studies from leading solution providers, and attend one-on-one business meetings.

For Mobile Payment solution providers wanting to increase their presence and truly help these organizations meet consumer demands and drive ROI via mobile technology, the Mobile Payments Exchange is essential.

Visit the Mobile Payments Exchange website to learn more about how to get involved:

About IQPC Exchange:

IQPC Exchange is a division of IQPC, which now has offices in major cities across six continents including: Berlin, Dubai, London, New York, Sao Paulo, Singapore, India, Sydney, Tampa and Toronto. Each year IQPC offers approximately 2,000 worldwide conferences, seminars, and related learning programs.  IQPC’s large-scale exchanges are market-leading “must attend” events for their respective industries.


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