Mobile payments card readers becoming popular with businesses

Mobile Payments market trends

These devices are starting to be an important part of the industry as a top choice among many businesses. Among all of the various forms of mobile payments that are currently available, it is the credit card reader devices that are proving to be among the most popular as businesses of all sizes find different ways to improve their customer experiences through their use. Though initially believed to be ideal for very small businesses, larger companies are using them, too. According to the mobile payments report from BI Intelligence, “The…

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Mobile payments system unveiled by Bank of America

Bank of America mobile payments

The financial institution has now launched their new program that is smartphone friendly. An affiliate of Bank of America has just announced that it has developed a mobile payments system for businesses, taking their first major leap into that highly competitive marketplace. The new system will allow companies to accept transactions over smartphones and tablets. The mobile payments system is called “Mobile Pay on Demand” and it gives merchants the opportunity to increase their payment method options by plugging a secure debit and credit card reader into an iPad or…

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