Mobile payments launched by Groupon

Groupon Mobile commerce

The group buying program company has just announced its entry into the market. Groupon Inc. has revealed its first steps into the mobile payments marketplace as it launched its Groupon Payments service, which allows companies to accept credit card transactions from users of the iPod Touch or iPhone. While the system is compatible with virtually any credit card, it is concentrating on Groupon deals. The program is also allowing other companies to use the mobile payments service as a part of pilot programs, but it is charging rates at a…

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