AT&T offers businesses a smartphone credit-card payment service

Mobile payments reached $68 billion globally in 2009 and should exceed $600 billion by 2014, according to Generator Research. Mobile payments made using credit cards over Smartphone’s account for just a small percentage of that total market. The browser based AprivaPay is very convenient solution for SMB's with few field workers. Another start-up from twitter co-founder named Square has similar offering targeting SMB's with cheaper and simpler services but it currently works with iPhone only. Lets hope AT&T's marketing muscle helps Apriva go forward.