Mobile payments have become big news over the last few years, especially since Apple released the iPhone 6 with Apple Pay in 2014, as the first major mobile phone manufacturer to have an integrated mobile payment system. Since Apple Pay came on the market, Android Pay and Samsung Pay have joined the party, and there is talk that handset manufacturer LG is developing its own NFC payment system.
It’s here! PayAnywhere 4.0 for Android tablets and PayAnywhere Storefront is available now. If you have PayAnywhere Storefront, the update has been pushed to your machine already. If you use PayAnywhere on a tablet, you can get the update in Google Play.
Choosing the right credit card reader is simply a matter of determining and recognizing your small business’ unique processing needs. Readers can vary from traditional terminals that are usually found in storefronts, to virtual terminals for an online business.
Growing up we all watched cartoons where everything seemed so futuristic — flying cars, robotic maids and the ability to purchase items with a flip of the wrist or scanning something that doesn't look like cash. Well, we can't speak on the flying cars (seriously, what's the hold up?) but we can talk about how offering alternative methods of payment like Apple Pay, and Near Field Communication (NFC) can help make your business more profitable.
The payment card industry is making a dramatic shift from the standard magnetic-stripe card to the new EMV card that comes equipped with a chip that will be used to authenticate transactions. The major credit card companies called for the switch because the EMV technology protects consumers, and reduces fraud and the costs associated with it.