North American Bancard jumps into the mobile payments system ring

According to an old TIME magazine article the National Cash Register Co. (NCR) maintains a private museum of old cash registers in Dayton, OH. Is there room for mobile cash registers?

So what’s the recent fashion statement around mobile payment systems? Square and Jack Dorsey want to nail the “cash register” coffin once and for all, Google is looking to announce their mobile payments system, Intuit already has a sweet mobile credit card processing system, PayPal/eBay are brewing up a few things in the mobile payments arena, Sprint and other wireless carriers are natural born payment systems. So what gives and why now? Oh and Well Fargo and other banks are announcing their own mobile payment systems and schemes. Keep in mind that each of these businesses are coming at mobile payment systems from different angles, I’ve created a new section to keep track of news around this particular sector. Should be interesting!

Here’s the first piece of news from North American Bancard to populate my new category:

In its latest product milestone since its initial launch in January 2011, North American Bancard (NAB) expanded the reach of Pay Anywhere – the only true “no compromise” credit card reader for mobile payments – announcing the system is now compatible with Android devices, in addition to all Apple devices.

Currently, Pay Anywhere for Android is supported on: HTC EVO 4G, Motorola Droid, HTC Droid Incredible, Motorola Droid X, Samsung Galaxy S and Samsung Galaxy S Epic, with additional devices being added regularly. Android customers can visit payanywhere.com for the most current list of supported devices. Additionally, Pay Anywhere is fully compatible with iPhone 3G, 3GS and 4, as well as iPad, iPad 2 and iPod touch. Pay Anywhere will soon be available for BlackBerry mobile customers.

Since its inception, Pay Anywhere has outperformed its competition in the areas of both security and unmatched 24/7 customer service support, combined with affordability and a user-friendly application. Additionally, Pay Anywhere is backed by NAB, an industry leader in credit card processing, which currently processes more than $1 billion in electronic transactions monthly for more than 110,000 merchants nationwide.

“We can’t wait to welcome Android customers to the NAB family and to Pay Anywhere, which we’re confident is the most intuitive and robust mobile payment system available on the platform,” said Marc Gardner, NAB founder and president. “We look forward to Android users experiencing what Apple customers already enjoy about Pay Anywhere – free software and hardware, no setup fees, no application fees, no monthly service fees and no monthly minimums required. Additionally, the Pay Anywhere Android application combines a simple user interface, comprehensive merchant portal and a built-in lead generation program that results in automatic merchant bonuses.”

Getting started with a Pay Anywhere account is easy. Android and Apple users simply download the free app from Android Market or the App Store, respectively, and the appropriate free card reader device will be delivered directly to each customer. For more information or to get started with Pay Anywhere, visit www.payanywhere.com.

About North American Bancard
Headquartered in Troy, Michigan, North American Bancard is a multi-faceted payment solutions provider dedicated to providing the latest technology as well as committing to the highest service levels. As a registered MSP/ISO since 1992, North American Bancard provides its clients with a full suite of products and services including Credit, Debit, EBT, Check Conversion and Guarantee, ATM, Gift and Loyalty Cards and Online Payment Gateway solutions. NAB processes over $12 billion in electronic transactions annually for over 110,000 merchants nationwide.

Source: North American Bancard

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