Mobile merchants get an upgrade

Mobile merchants get an upgrade

BY NICOLE B. BENAVENTE

Journal Staff

Bank of Guam introduced a mobile payment solution the week of Jan. 22 that allows merchants to accept EMV chip cards.  

Mobile payment solutions have transformed small businesses around the world — allowing merchants to take payments using a credit card reader that attaches directly to a smartphone or tablet. 

Bank of Guam introduced Vantiv Mobile Accept — its first mobile payment solution in 2014. 

Erwin Perez, vice president and director of card services for Bank of Guam, said the technology has grown in popularity but declined to say how many . . .

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