This fee free transaction opportunity is a promotion that the company will run until the end of the year. Among the latest mobile payments news headlines that are being made is the announcement that has been made by PayPal that it is hoping to attract more businesses to use its POS credit card processing service by offering these transactions for free for the rest of the year. Transaction fees add up quickly and can cut into the profit of a business, making this type of offer highly appealing. The announcement…
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Mobile payments launched by Groupon
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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