While businesses that don’t accept credit cards and debit cards are fairly rare these days, there are some payment types that most businesses don’t use or accept. Traditionally, credit and debit card purchases are made on a payment terminal, which is usually in one fixed point in a store, restaurant, or other business. But there are other ways to accept payments without taking cash or checks — through mobile payments technology.
When you hear the phrase “mobile payments technology,” this wording is actually referring to a couple of different mobile payments solutions. These options give consumers and businesses alike more ways to pay and accept payme