Hiram Hernandez, Sr., First Capital Payments founder and RHBA Board Member, is working with merchants to enable their credit card systems to handle payment by cellphone, using a new application called Google Wallet.
Google Wallet, allows consumers to pay their bills with a single tap at the checkout and can can automatically redeem discount coupons and register the purchases with a store’s frequent buyer program. Security is handled by using a pin to access the phone.
At the moment, only three companies in Rochester have the system in place. Nationwide, there is an estimated 300,000 companies that accept Google Wallet..
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