iPhone Will Soon Handle Credit Card Payments
iPod and iPhone accessory maker Morphie has announced its newest addition to its catalog of accessories, a credit card reader. With an included app to process payments, iPhone users will be able to accept credit card payments. This will compete with the Square device, which also turns the iPhone into a credit card reader. Exact details on pricing and how the system works are currently unavailable. I imagine that this device could be quite helpful for small businesses if it works as I think.