Cell phones for Fast Credit Card Transactions

Now it also claims another facet of transaction and that is in the form of mobile banking as mobile phone users can swipe their credit cards into their cellphones without the aide of a third-party machine. Yes, with a small card reader attached to every cellphone, it’s easier for small businesses and even individuals to accept credit card payments. The accessory known as Square was initially introduced last week which was headed by Jack Dorsey, Twitter cofounder in San Francisco.