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 its own mobile point-of-sale system in order to encourage businesses to replace their traditional cash registers with a cloud-based POS.
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