Conard - 4:14 pm on Jan 11, 2011 (gmt 0)
Every serious business person I know that needs mobile processing uses a cell based terminal like the Verifone VX610.
These new systems are for beginners and one man shows that can't see the point in having a merchant account or paying monthly fees.
These new trinkets that hook to a cell phone are cheap or free from the providers and the fees for using them are 2 to 3 times higher than a regular merchant account.
I've seen people pull them out to collect a $10 bet from a friend.