Like Square, Corduro is primarily a way for merchants to take payments on mobile devices. In some cases, not all, it can be up to 30 percent cheaper for merchants to process a transaction using Corduro or Square, compared to taking a credit card payment.
Wednesday, May 11, 2011
Google-Backed Corduro Launches Mobile Payments Service
Google-backed mobile payments startup Corduro launches this week with a combined mobile wallet/payments processor for Android and the iPhone.
Like Square, Corduro is primarily a way for merchants to take payments on mobile devices. In some cases, not all, it can be up to 30 percent cheaper for merchants to process a transaction using Corduro or Square, compared to taking a credit card payment.
Like Square, Corduro is primarily a way for merchants to take payments on mobile devices. In some cases, not all, it can be up to 30 percent cheaper for merchants to process a transaction using Corduro or Square, compared to taking a credit card payment.
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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