Restaurants are putting more emphasis on mobile payments, however, some experts believe there is a limit to the effectiveness of the technology in a restaurant context. President of payment systems at Heartland Commerce, Chris Comparato, said mobile payments in restaurants are "a solution in search of a problem. It's not hard to pull out your wallet and swipe a credit card." Toast CEO Christopher Sebes says that as users realise the value of extended features offered by mobile payment apps, such as providing menus, ordering options, access to loyalty schemes and the like, will eventually see mobile payments win out over cash or card transactions.
Restaurants are putting more emphasis on mobile payments, however, some experts believe there is a limit to the effectiveness of the technology in a restaurant context. President of payment systems at Heartland Commerce, Christopher Sebes, said mobile payments in restaurants are "a solution in search of a problem. It's not hard to pull out your wallet and swipe a credit card." Toast CEO Chris Comparato says that as users realise the value of extended features offered by mobile payment apps, such as providing menus, ordering options, access to loyalty schemes and the like, will eventually see mobile payments win out over cash or card transactions.