Category: News - Part 12

PayPal, Square and Groupon: Who Will Win the MPOS Battle?

The battle to dominate the mPOS space continues. With more than $3.6 trillion in credit and debit card transactions processed annually in the US alone, the race to get the biggest portion of this extremely profitable pie is definitely on. The three major contenders right now are PayPal, Square, and Groupon, with each company launching…

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The Future of Mobile Payments and What It Means For Retail

A recent report from Business Insider highlights how the “old dream of the digital wallet is coming true in a very mobile-led fashion.” According to the report, by the end of 2012 an estimated 7.9 million U.S. consumers adopted a near-field communications (NFC) compatible system — which includes QR codes, Google Wallet, Visa Wallet, MasterCard’s PayPass, and…

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Mobile Payments are Exploding: What You Need to Know as a Retailer

Accepting payments via mobile device is becoming more and more mainstream. Right now, we are in the midst of a growth spurt that will see mobile payments in the U.S. hit $90 billion by 2017, according to a Forrester Research report released earlier this year. That’s up from $12.8 billion spent in 2012, the report…

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Small Businesses Created 45 Percent of the New Jobs in June

Small businesses continue to spur U.S. job growth. Companies with fewer than 50 employees created 45 percent of the 188,000 new jobs in June, a recently released ADP National Employment Report said. Click here for the full story.

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