The solution requires no new hardware on the phones (iPhone, Android, many Blackberry models) and free hardware for the merchants.
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.
The solution requires no new hardware on the phones (iPhone, Android, many Blackberry models) and free hardware for the merchants.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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