Groupon Payments Rolled Out In U.S.

[engine]

Groupon is rolling out a new payments service today, which it hopes will create new reasons for merchants to continue using the Chicago daily deal provider.

In an interview, Mihir Shah, Groupon’s VP of Mobile and Merchant Products, confirmed to AllThingsD that Groupon Payments is available starting today in the U.S.

The launch follows a pilot program in the San Francisco area with more than 150 businesses. The service allows merchants to accept credit and debit cards by swiping them through a card reader attached to an iPhone or iPod touch.Groupon Payments Rolled Out In U.S. [allthingsd.com]

[graeme_p]

Lets use a company that has proved itself to be thoroughly untrustworthy handle our money.

I know, lets not. Paypal is pretty bad, but I am sure Groupon will be worse.