Pay-by-phone catching on with smart-phone set
Thursday, June 3, 2010 - 08:31
in Mathematics & Economics
"I don't have any cash on me" may no longer be a valid excuse with new credit card readers that can be used with mobile phones. In a potential boon to street vendors, mom-and-pop shops and even those who lend a few bucks to a friend, several companies have rolled out ways to use cell phones to instantly process credit card payments.