Groupon Payments, the daily-deals provider's answer to Square, is going nationwide.
The company announced on its blog yesterday that its merchants across the U.S. will now be able to sign up for Groupon Payments. Upon doing so, they'll be able to accept major credit cards by simply popping the Groupon card swipe accessory into an iPhone or iPod Touch and installing the associated iOS app. According to Groupon, payments processed through its service are deposited directly into merchant accounts overnight.
Groupon Payments users might find cheaper rates than they would with Square. The latter takes a flat … Read more