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Amazon's New Mobile Card Reader

Amazon announced its own credit card reader and app combination called Amazon Local Register, which will enable anyone including your mom organizing a yard sale to use a smartphone or a tablet to instantly accept credit card payments. The device is $10, the app is free and the service undercuts Square and PayPal by offering a flat charge of 1.75% per payment until the beginning of 2016. http://gizmodo.com/amazons-new-mobile-card-reader-brutally-undercuts-squar-1620676792 #tech

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