About Flint Mobile Payment Services Flint is the mobile payments company that is creating the easiest way for on-the-go businesses to accept credit cards and to find new customers through social marketing. More »
This was a fascinating interview on one of them most innovative minds in technology not named Jobs or Gates or even Zuckerberg. Jack Dorsey has helped to create a new way of how we More »
Are you considering investing in a mobile platform for your business? If so, you’re not alone. More and more businesses are adding mobile platforms like mobile websites and/or applications to their marketing More »
With Square Cash, individuals no longer need to write checks, pay ATM fees or wait for forgotten loans from friends. Customers simply send an e-mail to the person they’re paying, and after the recipient enters their debit card number, money is directly transferred to their bank account.
“Square has always believed in creating solutions for individuals and businesses that work with the tools they already have in their pocket,” said Square Cash lead Brian Grassadonia. “Square Cash makes it convenient to send money to anyone—without making them jump through hoops to retrieve it. Now it’s easier than ever to split a bill, send a birthday gift, or settle up with a friend, no matter where you are.”
About Flint Mobile Payment Services
Flint is the mobile payments company that is creating the easiest way for on-the-go businesses to accept credit cards and to find new customers through social marketing. The company’s first product is an iPhone app that enables merchants to process credit card payments easily and securely using only their phone – without any additional hardware. Founded in 2011 and headquartered in Redwood City, California, Flint is backed by top-tier venture capital firms Storm Ventures and True Ventures.
The Flint team has a track record of successful web, mobile, communications, and payments products with companies like Adobe, Amazon, Atimi, Electronic Ink, iPix, HP, Linden Labs, Netflix, Openwave, Polaris, Polaroid, Polycom, Ribbit, Silicon Graphics, Salesforce.com, Visa, and Worldpay.
All you need is the Flint Mobile app to accept credit cards – no extra hardware. Just scan the main numbers of the card and enter card verification information to ensure a secure transaction. Flint instantly sends an authorization request through their PCI compliant payment gateway partner. No card data or images are stored on the phone and your customer’s privacy is protected. You can easily customize transactions by creating a pre-set item list, adding sales tax, enabling tipping, or including a loyalty offer in the receipt.
This was a fascinating interview on one of them most innovative minds in technology not named Jobs or Gates or even Zuckerberg. Jack Dorsey has helped to create a new way of how we communication with each other and the world with Twitter. He then created a new way to have small businesses accept credit cards via their mobile device.
Jack and his company Square are the reason I started this blogsite. I wanted to keep people informed on the industry that Jack took by storm. The disruption of the credit card payment and processing industry has been an amazingly daunting task for those who are used to the traditional way of accepting credit cards through a merchant account. So its rather fitting that Jack tells his story to 60 Minutes, a news program that prides itself on going after the stories that disrupt major industries, governments and in some cases the worlds view on a subject matter.
Are you considering investing in a mobile platform for your business? If so, you’re not alone. More and more businesses are adding mobile platforms like mobile websites and/or applications to their marketing mix.
In some industry sectors, a standard website that is well designed and kept up to date can deliver a good return on investment. If the interaction with your customers and suppliers is relatively infrequent and/or technical in its nature, a standard website probably gets the job done.
However, if your business is tied to serving existing customers and actively developing new ones, you should take a hard look at expanding your existing online marketing tools to include a robust mobile platform. This is especially true of businesses who serve the consumer product and service sectors. Restaurants, bars, realtors, retailers, doctors, lawyers, musicians, nonprofits, grocery and other consumer-focused businesses need to continually provide their customers with the electronic tools and business reasons to stay connected.
The first step is to evaluate whether it would be a good return on your investment to add a mobile platform for your business. Here are three good places to start:
A new version of the Square Wallet app, which works with Apple Inc. iPhone and iPad as well as devices running Google Inc.’s software, lets users buy and redeem mobile gift cards in amounts from $10 to $1,000. Square enables retailers to accept payments with a device that plugs into a smartphone or tablet.
Mobile Gift cards are Square’s latest effort to convince customers to choose its fledgling service over PayPal Here, a mobile card reader that also works with smartphones and tablets. Square’s gift certificates may help the company gain share in the market for mobile payments, which Juniper Research estimates may top $170 billion in transactions by 2015, up from about $60 billion last year.
You connect with customers every day.Now it pays off in even more ways. When your customers use Square Wallet in your store this winter, you’re automatically in the running to win $10,000 from Visa. Here’s how it works:
- The Square Wallet Challenge runs from November 19, 2012 to January 31, 2013
- Earn 1 point for each Square Wallet transaction. 1 bonus point for each first-time transaction.
- To win, be one of the 20 Square businesses that earn the most points.
- Win $10,000 to help grow your business plus four $250 Visa Gift Cards for your employees.
Tire and auto service retailer Pep Boys – Manny, Moe & Jack is rolling out the PayAnywhere L.L.C. credit card reader for mobile devices in its retail stores nationwide as well as online.
With the PayAnywhere reader, the company said Pep Boys’ customers can securely process credit and debit transactions from their mobile devices—anytime, anywhere. By selling the mobile credit card reader in its stores and online, PayAnywhere said Pep Boys “is providing independent contractors and repair shops with an important and powerful payments tool shown to boost revenue and increase customer satisfaction.”
Business owners and professional contractors are already accustomed to hitting up OfficeMax for supplies, PayAnywhere adds one more reason to visit the office supply superstore. PayAnywhere readers are now available at OfficeMax stores across the nation, as well as online at www.OfficeMax.com.
eBay-owned PayPal is reporting that Black Friday global mobile payments volume was up 193 percent from last year.
eBay is also reporting a major increase in transactions; total mobile volume in the U.S. was up 153 percent, and GSI Commerce saw a 198 percent jump in mobile sales.
PayPal spokesperson Anuj Nayar says that the payments giant believes that this is the year where holiday shopping on mobile devices has gone mainstream. Shoppers in Houston made the most purchases via PayPal using mobile phones. For the previous three years, New York City has taken the top spot.
Walmart expects 40 percent of its online traffic this holiday season to come from mobile, much of that from people shopping on their phones while they’re inside one of its 4,000 stores using the Walmart mobile app.
The latest version of the Walmart mobile app, includes something called “in-store mode,” which is available for the iPhone and coming soon for to Android phones. That’s the key feature aimed at keeping Walmart shoppers buying from Walmart, even when what they want isn’t in the store and a rival outlet is just a few taps away in the palm of their hands.