Let your phone be your credit card reader!

Processing credit cards with your mobile phone may soon be a reality.

In 2010, Your iPhone Could Be a Credit Card Reader

Mophie, a popular retailer of Apple iPhone and iPod accessories, is set to debut their iPhone credit card reader — said to be named “Credit Card reader” — and complimentary processing application. This will allow merchants to accept credit card payments by swiping the card through a special iPhone case. While details around the device add-on are slim, interest is already high.

The buzz building around Mophie, the palpable excitement and interest stimulated by Square, and an increasingly competitive mobile payment system market means that 2010 will be the year that consumers will buy and sell from their mobile phones.

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~ by WPA Staff on January 4, 2010.

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