Dubbed ePOS Mobile, the iPhone application is set to enable small businesses to accept credit card payments via the mobile phone. The application has already been tested by a number of retailers, such as whitegoods supplier Fisher & Paykel.
In February of 2010, UK card issuer Barclaycard has revealed plans to pilot an iPhone POS terminal that would also enable contactless payments, and include a cash accounting tool for small business customers.
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