National Brokers Network

Mobile payments for small businesses to grow further in 2015

Projections for mobile payments are pegged at a bullish 61% growth for next year in the advent of eBay separating from PayPal and launching its own mobile payment merchant gateway. Factor also the increasing patronage of Apple Pay that is also projected to grow next year after its launch last month. The Capgemini and Royal Bank of Scotland in their annual payments report, stated that electronic payments are forecasted to slow by 16% while mobile payments will surge by 61% as people are increasingly adopting mobile in their consumer cycles.

mobile payments

Adding to the Capgemini report, mobile payments are expected to grow by 61 per cent to 47bn transactions next year, with non-banks such as Apple Pay and PayPal forecast to lift their share from 1.1bn transactions in 2012 to 7bn in 2015.

Related: See ACMA’s Inforgraphics about Australia’s Mobile Commerce

Here are the top mobile payment platforms that small business owners can consider to expand their revenue and get into the radar of the increasing mobile dependent consumers.




Breadcrumb by Groupon – Preferred by merchants who:

  • Key in a significant number of transactions OR
  • Supports $400 above transactions
  • $26 average transaction OR
  • Average transaction over $17 and under $26, but does not support American Express








PayPal Here – Preferred by merchants who:

  • Make less than five figures in sales a month AND
  • Average transaction under $17 OR
  • Average transaction under $26 and take American Express cards







Square – Preferred by merchants who:

  • Make 5-6 digits in sales every month AND
  • Have very few transactions over $400 AND
  • Key in very few transactions





Word of advice is, read the fine print and understands the charges incurred under such platforms and use those figures to equate the best cost-benefit scenarios for your business when implemented. National Brokers Network Business Brokers Victoria recommends that business here in Victoria expands their platforms of payments and tap into the mobile commerce growth.

Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

Client Signature (Sign on the box below)