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PayPal rolls out free mobile payment processing

PayPal rolls out free mobile payment processing
  • Posted May 15, 2013, 10:00 AM by Dave LeClair | Filed in Mobile Computing, Industry News
  • Processing credit cards can eat up a good chunk of businesses' profits. Fees add up quickly, which is one of the reasons why some places still impose minimum purchase amounts for credit card transactions. With this in mind, PayPal has…

Groupon begins nationwide rollout of mobile payment system

Groupon begins nationwide rollout of mobile payment system
  • Posted September 19, 2012, 3:00 PM by Shawn Knight | Filed in Industry News
  • Daily deals specialist Groupon has entered the mobile payment game with hopes to gain market share by undercutting the competition. The new service, Groupon Payments, is built into the latest version of the Groupon Merchants app for the iPhone and…

Square closes $200 million round of financing, valued at $3.25 billion

Square closes $200 million round of financing, valued at $3.25 billion
  • Posted September 17, 2012, 6:30 PM by Shawn Knight | Filed in Industry News
  • Budding mobile payment company Square has closed a Series D round of financing led by Citi Ventures, Rizvi Traverse Management and Starbucks Coffee that brought in another $200 million. It’s more good news for the company as they have additionally…

Square to process credit cards with no swipe fees for $275/mo

Square to process credit cards with no swipe fees for $275/mo
  • Posted August 16, 2012, 6:00 PM by Rick Burgess | Filed in Mobile Computing, Industry News
  • Popular mobile payment processor Square has debuted a new plan which promises to do away with swipe fees. For small businesses generating less than $250,000 annually in credit card payments, Square now offers the option to either stick with its…

Square to become payment processor for Starbucks

Square to become payment processor for Starbucks
  • Posted August 8, 2012, 5:00 PM by Rick Burgess | Filed in Industry News, Mobile Computing
  • Starbucks, a company known for its forward-thinking nature and $1.95 cups of coffee, has made a deal with credit card processing outfit Square. Square will be providing the popular caffeine-based franchise with its payment processing services while Starbucks invests a…

PayPal reveals mobile credit card reader, undercuts competition

PayPal reveals mobile credit card reader, undercuts competition
  • Posted March 16, 2012, 5:30 PM by Rick Burgess | Filed in Industry News, Mobile Computing
  • Earlier this week, PayPal mentioned plans to compete against Square, Intuit and other credit card payment processors. The company aims to become yet another way to process credit cards on the go for small businesses, offering a mobile card reader and…

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