Spindle, a provider of mobile commerce solutions, has launched its new low-cost payment processing and on-boarding services for merchants.
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The service will be available through Spindle’s YowzaMerchant portal requiring merchants to sign up online and receive all the necessary approvals and back end services to begin accepting secure credit card payments.
Spindle’s Yowza Mobile POS payment processing services will charge merchants $9.99 per month and 1.75% and $0.25 for every swiped transaction via the mobile app while keyed transactions will be charged at 2.89% and $0.25 in addition to the $9.99 monthly fee.
The solution will integrate with Yowza mobile marketing services, creating a unified commerce platform and low processing rates are available through the Yowza suite of services.
Spindle CEO Bill Clark said: "With Spindle’s new boarding process, merchants can get approved and be processing in minutes. We have priced our service to be attractive to merchants who use these services on a regular basis and want to reduce the cost of accepting credit cards payments, while utilizing a secure and reliable mobile phone-based application."
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By GlobalData
