Beanstream Lets Merchants Swipe Cards On Mobile Devices

[Techtaffy Newsdesk]

Beanstream Internet Commerce,  a wholly owned subsidiary of Vancouver-based LML Payment Systems has begun limited distribution of a multicurrency, multiprocessor mobile card acceptance product with enhanced credit card swipe technology and cash/check handling capabilities.

The Beanstream application allows merchants to swipe credit cards directly on their iPhone, iPad, iPod touch and Android devices. With no more than their phone and a small encrypted card reader, merchants can manage card transactions in 150 currencies while consolidating data from cash and check transactions within the same simple application. The product is built on Beanstream’s bank-neutral payment processing platform to ensure businesses can have funds deposited to any preferred North American financial institution.

The Beanstream mobile application is currently being trialed by select Canadian and US businesses with widespread availability free of charge expected by the end of March, says the company.

The application is available from the Apple app store or at

[Image Courtesy: Beanstream]

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