- POS Software (All)
- Hardware Directory
- How to Get Started
- Case Studies
- Local POS Resellers
- Supplies, paper, etc
- POS Resources
Complete Systems
Label software
Receipt Printers
Barcode Printers
Credit Card Readers
Other Hardware
Touchscreens
Cash Drawers
Keyboards
Pole Displays
POS SuppliesBarcode + Auto ID Readers
Complete Systems
Label software
Receipt Printers
Barcode Printers
Credit Card Readers
Other Hardware
Touchscreens
Cash Drawers
Keyboards
Pole Displays
Blog
Reuters reports that discount deal site Groupon announced today that it is launching a new mobile payment platform to compete with Google Wallet, Square, and PayPal's mobile payment programs. The Groupon mobile payment plan charges a lower rate for payment processing than other options and is designed to appeal to merchants offering deals through Groupon's deals site. Immediately upon announcement, Groupon's stock rose 7.5% on Wednesday.
Groupon's mobile payment program is designed to compete: it will charge 1.8% for MasterCard, Visa, and Discover cards, compared to a 2.7% transaction fee from PayPal. American Express charges are higher; 3% plus a 15-cent per swipe fee.
More info can be found at Reuters.
Related Articles:
Mobile Payment Transactions May Quadruple in Five Years
BLOG
-
Many companies in different industries and business nature are striving to look for ways to have better company standing and profitability, and one ke...Read more...
-
Lou Lou Boutique initially launched their 2 locations in the DC-area “mini-chain” in 2004 and this “dangero...Read more...
-
New Haven Cash Register Company, Inc., a leading reseller of point of sale (POS) and related security solutions, today announced that Marketing Mana...Read more...
-
What is your store's return policy? After reading an interesting article from Time's Business Blog, you may want to make some adjustments. The basic premise is this: the more gener...Read more...
