Stiff Competition in Mobile Card Processing

On the heels of PayPal’s new mobile credit card processing service released Friday, Pay Anywhere has cut prices on the processing fees for its service. Pay Anywhere will still charge a 2.69% fee for each transaction, but is abandoning its flat rate $0.19/transaction fee that made it one of the priciest options for mobile card processing. Read the full story at All Things D

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.

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