Friday, April 29, 2011

PayPal Buys Mobile Payment Enabler

PayPal has acquired Fig Card, which developed a low-cost USB device that plugs into the cash register or point-of-sale terminal and allows merchants to accept mobile payments using a smart phone app.

The solution requires no new hardware on the phones (iPhone, Android, many Blackberry models) and free hardware for the merchants.

1 comment:

Anonymous said...
This comment has been removed by a blog administrator.

What Declining Industry Can Afford to Alienate Half its Customers?

Some people believe the new trend of major U.S. newspapers declining to make endorsements in presidential races is an abdication of their “p...