Mobile payments provide significant opportunities to small businesses

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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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Mobile payment feature now available with latest QuickBooks release

Mobile payments systems

Small retailers benefit from the opportunity to take provide greater convenience to smartphone consumers. The latest version of QuickBooks Point of Sale Pro 2013 New User w/ HW , is now giving small business retailers the opportunity to get into the mobile payments world both within their brick and mortar locations and outside their shop walls, without having to give up the powerful tools that they require in order to make sure that their businesses enjoy optimal operations. This most recent Intuit Inc. point of sale product was released on…

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PayPal Here mobile payment system may be a boon for small businesses looking to connect with consumers interested in mobile commerce

Mobile Payments

NFC-powered mobile commerce is gaining momentum all over the world. Many telecommunications and financial organizations are working on developing mobile payment systems that utilize the technology. Some of these organizations have even partnered in order to ensure their share of the market is not taken over by an innovative and enterprising competitor. Acclaimed online payment manager PayPal had once planned to adopt NFC as for its version of a mobile wallet – an application for smart phones that facilitates mobile payments. Earlier this year, the company announced that it would…

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Businesses are moving in on mobile payments market

Mobile Payments

A number of well recognized companies, as well as smaller businesses that are far less well known, are now vying to become the head of the practical mobile payment marketplace. According to research director for commercial banking and payments, Andy Schmidt, from TowerGroup, “The promise of the mobile wallet is you’ll be able to manage your entire financial life from a single device.” One of the major players in the mobile payment game has been Google, right from the start. In May, it unveiled its test pilot for Google Wallet.…

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Card.io unveils new system for mobile payments

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A new American startup company called Card.io has introduced a mobile payment system that allows consumers to photograph their credit card using the camera feature of their cell phone, removing the need to manually type the card’s information into the phone’s mobile wallet using the keypad. Smartphone apps activate the camera device on the device when using the software from Card.io when the user is ready to pay for the purchase. The customer must then center the image of the credit card inside a green frame defined on the screen…

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