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Black Friday and Bright Projections for 2014 Retail Holiday Season

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With Black Friday and the official start of the 2014 holiday shopping season upon us, it seems like an opportune time to take a look at sales projections released recently by the National Retail Federation (NRF).

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Is Your Business Mobile Ready?

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There is a lot of talk about mobile payments as more consumers and businesses are showing an interest in this growing trend.  It’s no wonder, with forecasts by Forrester Research (cited in a Forbes magazine article, published Aug. 13, 3013: “Connecting With Customers: The Future of Mobile Payments,” by Carin van Burren) that say by the end of 2017, mobile users in the U.S. will spend $90 billion in mobile payments.

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Mobile Processing and Data Security Among Latest Trends

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The number of merchants and consumers using mobile devices to process credit card transactions is skyrocketing and is expected to continue along that trajectory, according to the online publication Business News Daily, which also reports that security and data protection have emerged as top priorities for all parties involved.

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Apple Embraces NFC Payments, Debuts Apple Pay

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Apple, Inc. has unveiled its plan to modernize the way customers shop with credit cards; it’s called Apple PayTM.  The announcement of this new service came on September 9th at a special media event in Cupertino, California, to introduce the new Apple Watch and two new iPhones — the iPhone 6 and iPhone 6 Plus, capable of making contactless payments. This new service uses technology known as Near Field Communication (NFC) which has built-in capabilities to support secure applications.

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How Mobile Point of Sale Processing Works

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Mobile point-of-sale credit card processing — sometimes referred to as mPOS for short — has ushered in a whole new era for businesses that relies on a downloadable app that runs on your choice of tablet.

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