Groupon News

With Groupon's introduction last week of a free iPad-based payment system, a pricing war appears to be breaking out among developers of mobile-based POS solutions.

If nothing else is happening relating to mobile payments, the trusty old cash register is under a full-blown assault.

Groupon Inc., whose deal vouchers are designed to drive traffic to local stores and restaurants, is offering a tool that could lower payment processing costs for those merchants.

Square, the mobile payments company has unveiled its latest mPOS product, Square Reader, which turns an iPad into a complete point of sale system.

Dubbed "Breadcrumb POS," Groupon touts the software as a point-of-sale, "easy-to-use solution" for restaurants, bars, salons, spas, and retail merchants.

This Scottsdale, Ariz., restaurant's owners had an epic social-media meltdown after being featured on a television show, then blamed it all on hackers.

Square, which started with a small card reader that plugged into an iPhone's audio jack has made an iPad-based point of sale system, that is a warning shot across the bow of competitors such as and Verifone.

About a year ago, Groupon acquired Breadcrumb, the creator of a Point Of Service system and iPad app that targets local restaurants.

Ingrid is a reporter for TechCrunch, joining February 2012, based out of London.

Yesterday, Groupon POS appeared in the iTunes Store , but was quickly pulled. Now we know why.

Ingrid is a reporter for TechCrunch, joining February 2012, based out of London.

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