They have offered the opportunity to pay a monthly rate instead of a per-use fee. The greatly hyped Square Inc. mobile payments startup has just announced that its services will now be available to small businesses at a monthly rate, providing them with greater flexibility in the way that they pay for transactions that are completed through the use of credit cards. This boosts the company’s competition with their rival, the PayPal card reader, even further. Square was founded by Jack Dorsey, who stated that companies that have a revenue…
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Mobile payments provide significant opportunities to small businesses
Options are beginning to increase for smaller sized companies. Though mobile payments have been receiving the largest amount of attention from large credit card companies and banks, telecom corporations, and large national and international retailers, the doors are finally starting to open for smaller businesses, as well. The latest technologies may provide affordable, practical systems for small companies, too. The retail world is turning to an increasingly smartphone-friendly direction and small businesses need to make sure that they are on board with the changes or they will risk falling behind.…
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