Flint Mobile announced the launch at the Small Business Expo. The app is compatible with a broad range of Android devices used by small businesses and is free to download. Flint enables merchants to easily accept payments by scanning the card number instead of swiping through a reader. Users also can increase repeat and referral business through the app’s integrated marketing tools.
Flint is a mobile payment solution designed specifically for small businesses and their employees who work outside of traditional storefront and office environments. Users include photographers, therapists, consultants, fitness trainers, computer and IT professionals, caterers, crafts makers, contractors and beauty professionals, among many others.
“We’ve heard strong demand for Android and we’re excited to bring Flint to a large new segment of customers,” said Greg Goldfarb, co-founder and CEO of Flint Mobile. “Since launching on the iTunes App Store last year, we’ve enabled tens of thousands of mobile businesses and we think that our ‘no card reader’ approach will be compelling across the Android user base. With Flint, all you need is your phone and you’re good to go.”
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.