​Mobile Payments at the Service Station

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Date Submitted: 06/24/2016 02:42 AM

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Bharat Book Bureau provides the report, on “Mobile Payments at the Service Station”. This report Plan future strategies by examining the benefits and potential barriers to the adoption of mobile payments at the forecourt. https://www.bharatbook.com/retail-market-research-reports-563410/mobile-payments-service-station-verdict.html

Bharatbook.com announces a report on “Mobile Payments at the Service Station”. This Report on Analyses current motorist mobile payment spends and frequency to correctly set payment limits at the forecourt.

Summary

In the UK in 2014, contactless payments took place at the rate of 10 a second and rose in value by £219m since 2013. Retailers across Europe are increasingly beginning to offer mobile payments as they look to benefit from faster payment transactions. Unmanned sites, car washes, fuel cards and retailer loyalty schemes can all benefit from the introduction of mobile payments at the forecourt

Key Findings

Plan future strategies by examining the benefits and potential barriers to the adoption of mobile payments at the forecourt.

Identify future mobile payment trends and how you can take advantage of them

Examine how other retailers use mobile payments at the forecourt and benchmark them against your current offerings.

Analyses current motorist mobile payment spends and frequency to correctly set payment limits at the forecourt.

Synopsis

Only 13.3% of motorists across Europe use mobile payments at the forecourt, due to the lack of service stations accepting this payment type. With motorists also being limited to a maximum spends of around £20 (dependent on local currency) per transaction, many are unable to use mobile payment methods, even if they have set them up.

Italy has the highest spend on mobile payments per transaction across the top five European countries at €26.79 due to the number of smaller vehicles and scooters in the national parc, that have smaller tanks making their refuel cost eligible as...