4 Things Businesses and Consumers Need Before They Adopt Mobile Payments [Entrepreneur Magazine]

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At some point, every new business has to address the basic question of how customers will pay for their product or service. Although the traditional payment choices are still useful, here are some questions they raise:

  • Checks. Come on, don’t checks belong in a museum?
  • Cash. Do you really want to carry stacks of paper in your wallet?
  • Credit/debit cards. Do you want to pay bank fees, and deal with potential fraud issues and resulting headaches?