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2 New iPhone Payment Solutions

Add “Retail Payment Solutions” to the list of potential hot growth segments of iPhone accessories.

The first two players to make waves:

  • Mophie: An iPhone attachment, whose only initial advantage seems to be its sleek integration with the iPhone. A simple phone case style enables full card swipe action for payments and money transfers.
  • Square: Launched by Twitter founder Jack Dorsey – this tiny iPhone add-on enables secure credit card payments with payment confirmation. Both are perfect for smaller retailers and those possibly rejected by traditional merchant account solutions.

The goal is to change the way retailers accept payments; no contracts, no additional bulky equipment and greater portability for those with mulitple locations or even those without a locations. Great wireless solution for trade show vendors, artists and home offices.

Look for more features, and even some competitors, after this year’s Consumer Electronics Show.

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Category: Technology
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  • http://twitter.com/pcmguy Larry Bruce

    Very cool Eric. Now let's put an RO write up screen on the iphone, close the RO, take the payment and email the customer a recipt in a swipe and a touch.

    Thanks,

    LB (@pcmguy)

  • http://www.WhatDidEricSay.com Eric Miltsch

    You're channeling my thoughts Larry…

  • http://twitter.com/pcmguy Larry Bruce

    Very cool Eric. Now let's put an RO write up screen on the iphone, close the RO, take the payment and email the customer a recipt in a swipe and a touch.

    Thanks,

    LB (@pcmguy)

  • http://www.WhatDidEricSay.com Eric Miltsch

    You're channeling my thoughts Larry…

  • http://www.wristbandsnow.com/ wristband

    Awesome very cool now i can pay my payment through my cellphone great.