Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.
CHARGE Anywhere Releases Mobile POS Payment App for Android
CHARGE Anywhere has released an updated payment application for Android smartphones. The app accepts multiple tender types–in addition to credit card payments, the CHARGE Anywhere mobile payment app can facilitate cash transactions, check transactions and ACH payments.
“Merchants can increase their cash flow and their customer satisfaction by accepting every available payment type from a mobile phone,” said Dmitriy Lerman, Director of Marketing at CHARGE Anywhere.
The app is available for Android smartphones and Android tablets, such as the Samsung Galaxy, and allows businesses to complete cash and check sales on the app for free, according to Paul Sabella, President and CEO of CHARGE Anywhere.
There’s also an optional Bluetooth card reader/receipt printer. The battery-operated, peripheral device generates a printed receipt at the point-of-sale. Receipts can also be emailed to customers.
CHARGE Anywhere’s mobile payment software and payment gateway solutions are supported by all major card processors in the US and Canada.
The application can be downloaded from the Android Market.
Source: PR Newswire