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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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