October 1, 2013
With the mobile payment industry expected to grow to $721 Bn by 2017 (according to Gartner estimates), there are many new startups coming up in this domain. The myriad mobile point-of-sale solutions offer merchants the ability to process transactions on mobile devices. Mobile wallet offers consumers a place to store their payment credentials for seamless purchasing across multiple channels. One company which claims to be growing distinctly ahead in this segment is Corduro, a Texas based startup.