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Mobile Payment Has Hotel Applications

2014-01-27

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Mobile payment technology is not yet available for some hotel functions, but it can be useful for coffee shops, pool bars and cash bars at catered events.


GLOBAL REPORT—While mobile payment systems are not yet readily available for many hotel operational functions, such as check-in and check-out, the technology offers a number of applications for hotels—and more are on the way, participants said in a recent webinar titled “Mobile payment technologies - platforms,pitfalls and possibilities,” sponsored by the Technology Committee of the American Hotel & Lodging Association.


Mobile payment has become a standard in many retail businesses, including coffee shops, fast-food restaurants and department stores. According to a report fromGartner quoted during the webinar, mobile payment transactions will top $37 billion in North America in 2013, up 53% from 2012. On a global basis, consumers will use mobile payment systems to buy $235.4 billion in goods and services this year.


More details at http://www.hotelnewsnow.com/Article/12378/Mobile-payment-has-hotel-applications