Nearly gone are the days when you’d reach into your purse or take out your wallet in order to pay cash at a store. With the hustle and bustle of today’s society, convenience, speed and security are three important factors for customers when deciding on which businesses to frequent. Digital payments and other ways to pay for products and services allow customers and businesses to complete transactions seamlessly with less time spent in the process. Services like Google Wallet and Mobile Payments help expedite transactions because users are able to digitally store and access account information in order to make and process payments almost instantly.
Infographic by: idology