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State of the Payments Industry: With Implications for Enterprise Technologists

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December 2, 2013
CTOvision
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Below is an infographic on the state of the payments industry, provided by Merchant Warehouse.

We wanted to share this since it provides insights we believe enterprise technologists should be tracking and it does so in a very easy to grasp way. One of the most important trends is the dramatic up tick in mobile payments. It is common sense, of course, we are all seeing these used in the market. But it is good getting graphical estimates of what this looks like. These trends will impact consumer confidence in security of mobile transactions and the result will be an acceleration in this. It may also fuel an increase in mobile attacks seeking to find ways to exploit this new transaction method.
thestateofpaymentsq42013640 (1)

Via CTO Vision