During Smart’s sale event last week-end, the company tested a new mobile credit card reader. This allows merchants to allow credit card payments via a smartphone.
The smartphone (the photo shows an Android handset from HTC) serves as a modem for the card reader.
The system makes it more affordable for merchants to charge customers using MasterCard. The solution looks like it’s still in testing phase so we’re not sure when it will become available for merchants to use.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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roland says:
hmmm.. there is an existing credit card payment made with iphone before. It think it was launch 2009. Product is Square Card Reader
roland says:
hmmm.. there is an existing credit card payment made with iphone before. I think it was launch 2009. Product is Square Card Reader
Ghost Riley says:
Smart just killed my startup idea. Just like that.
roiji says:
ayos to’ sana walang mataas na merchant fee, pwede rin Visa or Cirrus, at sana pwede rin sa Debit card :}
si ate naman baliktad pang mag swipe…
Benchmark says:
Well like what DTI said, cash payment and credit card payments are both the same. Walang “service” charge dapat, yet kahit siguro gawin ganyan ang credit card payment, making it cheap, for them, making their kita bigger.
Mga gahaman talaga.
Pano pa aasensyo kaya ang Pinas kung sa mga ganyan eh gahaman na…tsk tsk tsk
Loki says:
Ohh, another opportunity for identity theft and credit card dupes :D
Easy to hack if connected to Wifi/3G/4G connection :D
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