22 Mar '12, 9am

New #Mobile Point-of-Sale Platform "Swiff" energizes #mPayment Industry

New #Mobile Point-of-Sale Platform "Swiff" energizes #mPayment Industry

Swiff launches mobile credit card reader, but can it compete with PayPal? March 22, 2012 by Terence LEE With the open nature of the Internet, every tech startup faces the risk of being quickly rendered obsolete by well-moneyed technology giants. For example, when Facebook Timeline launched, a small Chicago-based startup called Timelines.com sued , claiming that the social network could “quite possibly eliminate its entire business.” Swiff , a Singapore-based startup that just launched its mobile credit card reader today, also faces competition from some of the world’s biggest tech companies. It’s not the first to do this either; Square , founded by Twitter creator Jack Dorsey, launched in 2009. The reader, attached to a mobile device, essentially allows merchants to collect payments without the need for expensive POS equipment, bringing cost savings and convenience. It is ...

Full article: http://sgentrepreneurs.com/innovation-technology/2012/03/...

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More new players coming up in mobile payment scene

More new players coming up in mobile payment scene

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sgentrepreneurs.com 26 Mar '12, 12am

PayPal Here to launch in Singapore later this year; competes head-on with Swiff March 26, 2012 by Terence LEE All gloves a...

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