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Desjardins releases mobile payments for small business

Media | 09/23/2015 3:23 pm EDT

Financial services cooperative Desjardins Group announced on Wednesday new applications to allow small business, self-employed workers and "merchants on the go" to collect card payments with portable tools. The most basic product it revealed in a press release is Monetico Mobile, which is comprised of a small keypad that connects through Bluetooth to an app on an Apple Inc. iOS- or Google Inc. Android-powered smartphone or tablet. The payment system accepts chip-based MasterCard or Visa credit cards, and can email or text the customer a receipt. The cost of this setup is $49, or...