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Mobile payment processing is having an effect on business trips

February 5, 2014

The ability to make payments through mobile phones is changing many processes and activities for American individuals.

The ability to make payments through mobile phones is changing many processes and activities for American individuals. For example, the transactions made prior to and during business trips are often processed through pages hosted on mobile devices.

Citing information provided by PhoCusWright, Business Insider recently reported that more than 25 percent of all U.S. online travel bookings will be made via smartphones and tablets during the year 2015 – illustrating how consumers are even willing to make time-sensitive and high-value transactions through their smartphones.

Additionally, many are making mobile transactions during the course of their business trip. The most recent AirPlus International Travel Management Survey, the results of which were reported by Travel News Daily, found that more than 10 percent of companies are currently focusing on better implementing mobile payment strategies into the business trips of their employees. 

“While the common consensus among both experts and users is that mobile payment technology is here to stay, how soon it will be implemented depends on two competing elements,” Yael Klein, managing director of AirPlus UK, told the news outlet.

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