Mobile Wallet Options for Small Businesses
There are many mobile wallet options in the market, but which mobile wallet is the best for a small business? Which mobile payment option is the market leader? Check the comprehensive list below by yourself!
Arranged in alphabetical order.
Arranged in alphabetical order.
BOKU is a mobile payments firm that allows users to pay for digital goods and social experiences across the web. Boku is based in San Francisco with offices in Europe, Asia and Latin America. Per the company, BOKU's goal is to bring bank-grade payments technology and mobile users together on the web, creating a trusted, viable and accessible market for consumers, merchants and carriers alike.
Dynamics produces interactive payment cards that utilize programmable magnetic stripes to communicate information to magnetic stripe readers used in payment card transactions.
Flint is a mobile payment service for small businesses that makes it easier than ever to accept credit cards and increase customer engagement. Designed for businesses that operate outside of traditional retail stores, Flint's iOS and Android apps allow users to take credit cards without a card reader by scanning instead of swiping or via online invoice payments. The all-in-one platform offers digital coupons to facilitate customer loyalty and referrals as well as a merchant portal to track transactions, payments, invoice management and more. Flint is a secure Payment Service Provider which provides instant setup without a merchant account and low transaction fees.
Mozido provides a suite of white-labeled mobile financial transaction services to serve unbanked and under-banked consumers. Mozidos financial services solutions enable the movement of money, payment of bills and purchase of goods and services across multiple channels via mobile and electronic devices. Mozidos mFS platform is provided to clients exclusively on a white-labeled basis, where a multi-channel wallet will be developed that is customized to fit with a clients vision and brand.
Rev Worldwide has built a global payments network designed specifically to innovate cutting-edge, end-to-end payment solutions that bring financial empowerment to people everywhere. Rev's processing platform allows the company and its partners to achieve standardization and consistency worldwide while seamlessly adapting to local currencies, customs, languages and laws.
Snapchat plus Square, payments made faster and more fun. After you enter your debit card, it’s securely stored by Square, who will swiftly process your payment and send cash directly to your friend’s bank account. Just swipe into chat, type the dollar sign, an amount (e.g. $11.25), and hit the green button.
Viableware provides the RAIL payment platform works as a handheld device that replaces the standard leather folder that is used to present the bill at most restaurants and automatically splits the bill, calculates the tip, and emails a receipt. It also allows the guest to self-swipe their own card and retain possession of it throughout the entire transaction, mitigating any chance of card information theft.