Anyone Can Now Accept Credit Cards, Anywhere
By: Accepting credit cards used to be a high-cost and complicated endeavor, often involving the purchase or rental of those machines you see at the grocery stores.
You know the ones, where you swipe and then enter your pin.
Now, a company calledPayAnywhere is changing all that. They've developed a small device that works on a tablet and smartphone.
But rather than demand a minimum monthly fee as banks often do, the company charges a percentage per swipe and doesn't mandate a minimum.
That means it's affordable and it works as easily inside a small shop as it does outside at the State Fair or high school football game.
Want to know more? Get all the details from Marc Gardner, president & CEO of PayAnywhere. Watch the video now!
Posted by CNBC's Lee Brodie
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Trader disclosure: On June 21, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long MSFT; Karen Finerman is long M; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long SBUX
For Dennis Gartman
Dennis Gartman is funds long CANADIAN DOLLARS
Dennis Gartman is funds long AUSTRALIAN DOLLARS
Dennis Gartman is funds long GOLD
Dennis Gartman is funds long S&P 500 INDEX
Dennis Gartman is funds long WHEAT
Dennis Gartman is funds short EURO
Dennis Gartman is funds short YEN
Dennis Gartman is funds short CORN
For James b. Lebenthal
Nothing to disclose
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