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Amazon Local Register mobile card reader and app combo launches

Amazon Local Register undercuts processing fees of competitors significantly until 2016

Shane McGlaun | Aug 13, 2014 at 10:00 am CDT (0 mins, 43 secs reading time)

Amazon has launched its own card reader and accompanying app to allow small businesses to get paid. The Amazon card reader is called Amazon Local Register and it is aiming directly at Square and PayPal. One of the big features of the Amazon offering is that it has lower costs than Square and PayPal.

Amazon Local Register mobile card reader and app combo launches | TweakTown.com

Amazon offers a flat charge of 1.75% per payment until the beginning of 2016, which is 1% lower than the fees required by both of the competing providers. On January 1 2016, the fees will increase to 2.5%, which is still lower than both competitors current pricing.

The card reader and apps are available for Fire OS, Android, and iOS devices. No monthly fees are charged and the card reader hardware will cost $10. Buyers of the card reader will get a $10 credit in processing fees making the reader free.

NEWS SOURCE:engadget.com
Shane McGlaun

ABOUT THE AUTHOR - Shane McGlaun

Shane is a long time technology writer that also covers lots of entertainment, cars, science and other topics that are suitable geeky. Shane has been writing full time for over a decade. Shane will cover all sorts of news for TweakTown including tech and other topics. He wrote for TweakTown in the past covering tech news and laptop computers among other things. When not writing about all things geeky, he can be found at the track teaching noobs how to race cars.

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