Retail Services - Card sharp: the future of payment technology in retail

Clare McCullagh, owner of Heavenly Online Accountants, forecasts the future of payment technology in retail

In days gone by, paying for a cup of coffee with a quick scan of your retina would seem like the stuff of science fiction. But that’s exactly the kind of innovation that’s starting to emerge from the world of payment technology.

For independent retailers, delaying the adoption of forwardthinking technologies could, ultimately, prove costly. Convenience and speed are at the heart of payment technology, so failing to meet customer expectations could encourage consumers to give their business to a tech-savvy rival.