Wednesday, August 13, 2014

Amazon undercuts Square and PayPal with its own mobile card reader [Engadget]

In other Square news, see Square and OpenTable Eye Each Other's Niches (Bloomberg BusinessWeek)

"Square's grand plan to democratize credit card payments has inspired a clutch of imitators, the latest of which is Amazon. The company has just announced Amazon Local Register, a credit card reader and app combination that'll enable small businesses to take payments they wouldn't otherwise get, as long as they have a smartphone or tablet lying around."
Amazon undercuts Square and PayPal with its own mobile card reader
Post a Comment