Boston-based Fig Card, which styles itself as “mobile payments for local merchants” has developed a way for merchants to accept mobile payments in stores by using a low cost USB device that plugs into the cash register or point-of-sale terminal.
To make payments, customers download an app to their iPhone, Android devices or BlackBerrys and set up a payment method.
PayPal has just acquired Fig Card for an undisclosed sum.
Thursday 5 May 2011
A cost effective way for merchants to accept mobile payments
Labels:
mobile payments