Bank of America Merchant Services has announced the December 3, 2012 release of 'Mobile Pay on Demand', a new solution that turns a client’s smartphone or iPad into a mobile point-of-sale terminal.
“In today’s economic environment, small businesses are looking for secure, easy and portable ways to confidently accept payments beyond cash, and promote their business to a broader customer base,” said Tom Bell, chief executive officer, Bank of America Merchant Services. “With Mobile Pay on Demand, we are making it even easier for small business owners to accept secure payments anywhere. The product is fully integrated with existing Bank of America accounts and services, allowing deposits made into a Bank of America small business checking account to be processed as soon as the next business day.”
BofA customers can find more information about the product and sign up at http://www.bankofamerica.com/mobilepay.