Credit Card Veterans Focus On IPhone, Mobile Payments

The rise of mobile devices is affecting ecommerce. More consumers are using these devices to shop online and more merchants are using them to collect payments. Two experts in the credit card business spoke with us about processing payments on mobile devices. They are John Waldron, CEO of Merchant Focus, and Derek Del Conte, CEO of innerfence, which makes Credit Card Terminal, a popular iPhone application.Together, they have just purchased another mobile credit card processor called AppNinjas, and they spoke with Practical Ecommerce’s Kerry Murdock to review that acquisition and the future of mobile payment processing.