By John McCarthy

Amazon has unveiled s credit card reader called ‘Local Register’, which comes with an accompanying app, to help small business and individuals receive payments from consumers’ smartphones.

Local Register, first leaked by retailer Staples two months ago, is a mobile point-of-sale system that lets users accept credit and debit card transactions from iOS, Kindle and Android devices – with device compatibility expected to grow.

Amazon’s $10 card reader is now available from the online retailer with free two-day shipping.

In a move undercutting current competitors, Amazon’s new service will incur a flat charge of 1.75 per cent per transaction for those who Read full story ›

Source: The Drum