The ever-expanding business uptake of bitcoin
continues as more companies realize its increasing popularity amongst tech-savvy consumers. As a result, many progressive companies like Virgin Galactic, Overstock.com, and Atomic Mail have embraced the digital currency as a method of payment. Now Expedia.com has added its name to that list by announcing that it, too, will accept bitcoins for payment of hotel accommodation.
The ability to turn a smartphone into a portable credit card swiper makes sense for small business owners on the go, as well as anyone who happens to be out of cash. Like Square
, the new ROAMpay device plugs in to the audio jack of your smartphone. Using the company's app, you get the same functions as using a traditional credit terminal and it's available on iPhone and Android.
The proliferation of credit cards as a payment method preferred by millions of consumers has led to the co-founder of Twitter, Jack Dorsey, creating Square – a credit card reader device that makes any mobile phone a cash register. Retailers can hook up the credit card reader to any device with an audio input jack, including a mobile phone. And consumers never have to worry about carrying cash again (well, almost).
June 22, 2007 "Sorry, I've got no cash on me" is possibly one of the biggest barriers to sales for mobile businesses and charity groups. But that won't be an excuse for long - Hypercom has announced the immediate global release of a hand-held wireless card payment system that's very quick, extremely secure and much, much smaller and lighter than previous attempts. Tricked-out with extremely quick processing, a color screen and support for credit, debit, gift, loyalty and check transactions - including non-contact PayWave
-style transactions - this unit will make business much smoother for mobile and delivery businesses across the world.