Tablet Payment Processors

PayWare Mobile Enterprise for Tablets Lets You Pay With Your iPad

Cash registers may become a relic of the past thanks to technological innovations such as the PayWare Mobile Enterprise for Tablets. Created by VeriFone, PayWare Mobile Enterprise for Tablets is a set of software and hardware designed to turn tablets into credit card processors.

PayWare for tablets comes hot on the heels of the many credit card processing apps and gadgets already being offered. Whereas most of those add-ons and apps are used for small-time purchases, VeriFone is thinking bigger and is targeting larger businesses that rely on physical cash registers and bulky credit card machines. Testing is set to begin this fall, with VeriFone hoping to get their new PayWare available to businesses sometime in 2012.
Trend Themes
1. Tablet Payment Processors - Innovative software and hardware turn tablets into credit card processors, disrupting traditional cash registers.
2. Credit Card Processing Apps and Gadgets - Small-time purchases are facilitated through apps and gadgets, challenging traditional payment methods.
3. Mobile Payment Solutions - Technological advancements enable secure and convenient mobile payments, transforming the way transactions are conducted.
Industry Implications
1. Retail - Tablet payment processors offer a disruptive innovation opportunity for retail businesses to streamline transaction processes and enhance customer experience.
2. Hospitality - Credit card processing apps and gadgets present disruptive innovation opportunities for the hospitality industry to expedite payment processes and improve operational efficiency.
3. Technology - The rise of mobile payment solutions creates disruptive innovation opportunities for technology companies to develop new software and hardware solutions that facilitate secure and seamless transactions.

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