Amazon Payments Unveils a Mobile POS Solution

Mom-and-pop-stores, Amazon wants to help you help you help your customers… and find out how they shop in your bricks-and-mortar world.

Amazon.com today announced Amazon Local Register, a mobile POS solution that allows merchants to accept credit and debit card transactions from a smartphone or tablet. The secure card reader and mobile app also helps mom-and-pop stores keep track of their growing business. In-app reporting enables a business to quickly check bottom line performance, sales trends, peak sales times and more.

Merchants who sign up for Amazon Local Register before October 31 will also receive a low promotional rate of 1.75% per card swipe on all major credit and debit cards until January 1. Customers who sign up after this promotional period will pay a flat rate of 2.5% on all swiped transactions.

Amazon Local Register customers will have access to the Amazon.com customer support team, as well as in-app tracking tools.

Amazon is charging $10 for the card reader. However, each customer’s first $10 in transaction fees will be credited back to the customer’s account once Amazon Local Register is in use. The Amazon Local Register card reader and free mobile app are compatible with a variety of smartphones and tablets, including Apple devices running iOS7, Kindle Fire tablets, select Android smartphones, and coming soon to the new Fire phone.

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