M&T Bank’s merchant services division has introduced two new merchant services solutions:
1. Mobile for Merchants
2. Portfolio Manager
These solutions allow small businesses and middle market customers to better manage daily cash flow.
Mobile for Merchants is nothing new to the industry:
It offers a small card reader that has been designed to process credit card payments. This card reader can be plugged into any Smart Phone or Tablet. This product is very similar to Square or Choice Merchant Services PhoneSwipe – yet it is more expensive than PhoneSwipe, which is the lowest cost-mobile merchant services solution in the industry.
Portfolio Manager is pretty cool.
It offers a state-of-the-art reporting tool that helps businesses easily manage their cash flow through real-time monitoring of credit card transactions and other account information.