T-Mobile USA has become the first mobile operator to offer Square payment readers to its customers, allowing smartphone owners on its networks to buy the payment accessory direct from its stores from today.
Square’s attachments are already on sale in Apple Stores and other retailers including Best Buy and Target, allowing iPhone, iPad and Android device owners to process credit card transactions on their mobile device.
The device is being aimed at small business owners that want to offer credit card payments to their customers. The company has set up a dedicated page on its website, here.
Square founder and Twitter co-founder Jack Dorsey announced via Twitter in December that the service now serves over 1 million merchants who are signed up and ready to process transactions.
As a counterpoint, Dorsey said that there are only 8 million merchants who accept credit cards in the US, giving Square a solid chunk of that market. Taking into account the figures that the Twitter co-founder shared, Square had managed to expand and capture 1/8th of the entire credit card processing market in just 2 short years since its launch.
Square is currently on the lookout for the best talent in software engineering, hardware engineering, creative, communications and public relations, compliance, finance, legal, marketing, and risk. With $168M in funding, the company can definitely afford to hire all of these positions and so created a slick new recruitment video to help it do so.
T-Mobile USA becomes the first operator to offer Square Credit Card Readers. By Matt Brian. (2012, January 31). Retrieved from http://thenextweb.com/mobile/2012/01/31/t-mobile-usa-becomes-the-first-operator-to-offer-square-credit-card-readers/.
Which Credit Card Machines are Right For Your Small Business?
When you make credit card machines available to your customers, you open up a whole new world of secure, efficient, and convenient payment that will be highly appealing to them. Though it does involve a small initial purchase price, they offer a tremendous business opportunity that will pay for itself within a very short time.
On average, about half of the money received from customers is brought in through credit card machines for small business. Therefore, if you do not yet have a terminal, or your old one isn’t working very well anymore, then it could be costing your business a sizeable amount of money. Moreover, most of today’s credit card machines also accept debit card transactions, which will offer your customers yet another way to pay for the products and services they would like to purchase from you.
The trick to getting the most out of credit card machines for small business is to make sure that you are choosing the right one. Have a look at the 3 top credit card machines to help you to make the choice for your own company.
Today polo is played all over the world and is no longer restricted to the summer season. Arena Polo has made way for the sport to be appreciated all year round and to service the demand of new players entering the sport.
The modern sport today is truly an international sport. The professional circuit can be seen during the summer season in England, the fall season at Palermo in Buenos Aires and the winter season at Palm Beach, America. The number of newcomers and amateur players in the sport continue to increase where low-goal polo makes up the largest community of players. The sport is thriving.
Traditionally a grass sport, Polo is no longer restricted to this surface only. Beach Polo, as with Snow Polo, have provided new surfaces for the sport to be played on and new ways for polo to be enjoyed – both for spectators and players.
Whether you are a polo club, feed distributor, equipment supplier or event coordinator, Merchant Hub will assist your business to effectively streamline all your business transactions and needs, to ensure a prominent future!
“When I am on the polo field, in the zone, my only focus is doing my best and making my team proud. I enthusiastically endorse and use MERCHANT HUB because they share my desire to be the best. MERCHANT HUB strives to make every customer feel like the only customer and provide top customer service support. Additionally, my wholehearted endorsement belongs to MERCHANT HUB because of their support for philanthropic activities and the sport of polo. But MERCHANT HUB also doesn’t stop there; they extend themselves to the farthest point in support of humanitarian and charitable organizations, just like I do on the polo field.”
One of the top US polo Players
Bank of America Corp. is wading into the fast-growing business of offering consumers targeted online discounts.The second-largest U.S. bank on Wednesday will start testing a new service that will allow customers to rack up savings from retailers based on their previous spending patterns.Customers will receive offers through the bank’s online banking website. The discounts will be awarded in the form of cash payments once a month. Customers need not sign up for emailed coupons or check a separate website, as bargain hunters do with offerings from Groupon Inc. and others. Continue reading
Google Vice President of Commerce Stephanie Tilenius promotes smartphones as the wallet of the future. Picture: Mary Altaffer.
DON’T swipe aside the idea of smartphones as credit cards, writes Jennifer Dudley-Nicholson
We regularly shop on mobile phones, but rarely do we shop with them. That is poised to change as emerging technology transforms smartphones into makeshift credit cards that can be waved at the cash register.
The wallet-challenging additions are already trickling into Australia and more promise to arrive later this year in both phones and laptops.
But even its proponents warn that users may take time to become comfortable with new credit technology, though they insist the hi-tech transactions will be just as safe as traditional payments.
Near Field Communication, better known as NFC, is behind the trend to transform credit card payments. Continue reading
Current trends in online payments infrastructure from Techcircle’s Online Payments & Loyalty Conference.
A bustling e-commerce industry in India has naturally thrown up a vast market for e-payments. Although the presence of a huge consumer base without plastic money means new modes of offline payment have cropped up, e-payment is certainly the way to go as the market matures. Techcircle’s Online Payments & Loyalty Conference, held in Delhi on January 20, brought together the who’s who of the e-payment industry in India and saw them discussing some key and defining trends in this space.
The opening session on Online Payments Infrastructure, moderated by Vijay Shekhar Sharma of the mobile Internet firm One97 Communications, brought out the current trends such as the big switch (read – credit to direct debit as a payment mode), the nascent mobile payment environment and the security issues which still prove to be a hurdle in building consumer confidence. Continue reading
Consumers took a cautious approach to their spending in 2011, getting their finances under control and shunning debt. This week we look to determine whether or not these trends will continue in 2012.
In 2011 it was clear that debt was a nasty word and spending was low on the priority list for most Australian households. With consecutive interest rate cuts by the Reserve Bank (RBA) in the final two months of 2011 and the prospect of more, this week we try and determine whether or not this will result in households increasing their propensity to spend in 2012. Continue reading