Amazon Debuts Mobile Payment App And Card Reader
Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets. The move places the largest U.S. e-commerce retailer in competition with Square and other established mobile payment processing systems such as PayPal Here and Intuit’s GoPayment. Amazon’s technology includes a card reader that attaches to a smartphone, Kindle or tablet.
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