Payment service provider PayGate recently added mobile payment system Zapper to its payment options. With the addition of Zapper, PayGate has also predicted that half of card payments will become mobile in the next 5 years. This is according to general manager for business development, Brendon Williamson, as the company gears up for a predicted mobile boom.
“We expect that mobile will account for 50% of all card transactions within the next five years – and that’s probably conservative,” says Williamson. “As a provider of payment services for online business, our goal is to ensure that our clients are always able to collect payments using the methods their customers prefer. Mobile is becoming an important part of that, with QR codes currently being the most popular way to enable payments.
With the potential boom of card payments shifting over to mobile, PayGate is said to be offering both Zapper and Mastercard’s MasterPass mobile payment options.
Zapper South Africa general manager Derek Wiggill, stated that: “For a mobile payment system to work it must add significant value to both consumers and merchants. For the consumer, Zapper adds an important layer of security – your credit card cannot be cloned or skimmed in a restaurant. But merchants need something more. For them, Zapper is a way to engage more meaningfully with their customers. Every client gets a portal where they can see who their customers are, how often and what they are buying, and create rewards and incentives right inside the app to keep those customers coming back.”
“Mobile payments are currently an exciting fringe development,” says Wiggill. “Our goal at Zapper is to make sure they become mainstream.”
Staff Writer
