Entrepreneur's Journal: Time to Take Payments from Your Smartphone?

Filed under: Competitive Strategy, Intuit Inc (INTU), Small Business

As a major validation of the importance of smartphones, HP (HPQ) agreed to shell out $1.2 billion for Palm (PALM) this week. The truth is that consumers and businesses are increasingly using mobile devices. In fact, the market for smartphones is $100 billion and growing at more than 20% per year.

OK, so how can you use a smartphone to help your business? Actually, one idea is to turn it into a point-of-sale system, which is actually fairly straightforward and affordable.

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Entrepreneur's Journal: Time to Take Payments from Your Smartphone? originally appeared on BloggingStocks on Sun, 02 May 2010 17:40:00 EST. Please see our terms for use of feeds.

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