There are many myths spread in the American mobile payment mode.For example, one of the main myths is the fees are high. But the fees are substantially lower than traditional wireless phones.
The other myth is the duration of payment. Most companies are worried about delay in payments. However, most mobile payments apps transfer money within a few business days.
Another myth is that the mobile payment consumes much time. But it takes a few minutes to sign-up and start taking payments. The second major concern is about security. The payments as safe as processing with a credit card terminal.