Mobile payments system has been away in mind but companies are still working on betterment. 63% of companies when surveyed knew in the October 2007 contactless ROI. But today 80% of companies surveyed know this technology today if compared to 63% in 2007.
What really is happening is that 52% of companies are trying to unfold the transaction mechanism for mobile payment solutions for improving payment seamlessness, customer differentiation, and loyalty within the next 24 months. This is because of pressure when compared to the previous year is the ensuing economic environment which is characterized by high cost of goods sold and low consumer confidence
The chart below shows the mobile payments business cases for 2007 and 2008. 
The third largest pressure, as identified by 20% of retailers, is the desire to be a market leader. 
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