Square CC readers adopted by T-Mobile, first carrier to offer the accessory in select Store’s

Small business in America needs all the help they can get. It can get expensive starting one, operating one and buying expensive devices just to take a simple payment. Even though NFC is starting to step up and make its mark in the mobile payment world, there are still limitations. For starters the business needs to have a unit that accepts NFC and the customer needs a device with it up and running. For a vast majority of small business owners it isn’t readily available to make that purchase worth spending the money on. Now having a small unit, Square, that lets you directly connect to your Android device and process credit and debit card purchases on the go is a much better prospect.

T-Mobile thinks so too.  That is why they are the first carrier to offer the Square credit card reader to small business owners across the nation.

“Small business customers are looking for a partner that will help them navigate the sometimes overwhelming and confusing wireless experience and provide the biggest bang for their buck,” said Bruce McGregor, senior analyst with Current Analysis. “With their emerging portfolio of small business solutions, T-Mobile is taking the right steps to better cater to customers’ needs for increased productivity via their mobile services.”

This isn’t for the average T-Mobile customer though. The service and accessory item appear to only be available to those of you that are operating your account on a small business plan via T-Mobile. If you haven’t moved to one yet, you might want to do a little looking and make a phone call. Those of you that are already on a small business plan, you might want to consider picking one of these up to make your business and payments a little easier while on the go.

Source: T-Mobile via Engadget

T-Mobile Commits to Helping Small Businesses Transform Their Business and “Get Paid Fast”

Company is the First Wireless Carrier to Offer Square Credit Card Readers in Stores

BELLEVUE, Wash., January 31, 2012 – Today, T-Mobile USA, Inc. reiterated its commitment to small business as the first wireless carrier to offer Square credit card readers from San Francisco-based Square, Inc. in select retail stores. When T-Mobile’s fastest 4G smartphones running on America’s Largest 4G Network® are combined with Square, small businesses can accept credit card payments in the U.S. nearly anywhere, anytime, with the money from transactions sent for deposit into their bank accounts the next business day. This easy-to-use solution, paired with T-Mobile’s affordable small business plans, aggregated business applications, equipment financing and trade-in services, and in-store support, allows small businesses to maximize their wireless investment and transform their business.

Investment bank Barclays Capital estimates that U.S. mobile commerce sales hit $5.3 billion in 2011, up 83 percent from 20101. However, more than 26 million small businesses still do not accept credit card payment. The availability of Square card readers as an accessory in T-Mobile® retail stores will make it easy for many small businesses to accept credit card payments for the first time.

“T-Mobile understands my needs as a small business owner,” said Nikki Halgren, owner of The Gleeful Peacock, a handmade jewelry business. “They not only keep me connected on the go, but they’ve made it easy for me to get paid fast with my T-Mobile smartphone and Square. T-Mobile has made it simple and, as a result, I’ve nearly doubled my business over last year.”

“Small business customers are looking for a partner that will help them navigate the sometimes overwhelming and confusing wireless experience and provide the biggest bang for their buck,” said Bruce McGregor, senior analyst with Current Analysis. “With their emerging portfolio of small business solutions, T-Mobile is taking the right steps to better cater to customers’ needs for increased productivity via their mobile services.”

“The success of our small business customers is important to us. Formerly ‘cash only’ small businesses can now simply and cost-effectively accept credit cards with their smartphone using Square, giving them an easy path to growth,” said Matt Millen, vice president of small and medium business sales at T-Mobile. “As these businesses evaluate their wireless needs, T-Mobile is committed to providing quality of service, cost savings and connectivity that are a requirement for their success.”

Small Business Plans

At T-Mobile, small business customers have the ability to tailor wireless plans to their needs with affordable, worry-free unlimited and flexible pooling plans. The T-Mobile Small Business Plan and Small Business Value Rate Plans offer exceptional value, consistent and simple pricing, handset choice and scalability to allow for business growth. T-Mobile’s portfolio also includes well-priced pooling plans, which start at just $59.99 per month for two lines using 1000 Whenever Minutes with a two-year agreement.