To call the mobile-based card processing business crowded would be a slight understatement - launching a reader is nearly an instinctual reaction for commerce outlets that see Square running away with the market. What's to stop a bank from joining the fray. Bank of America doesn't see anything wrong, as it's starting up a me-too service through Mobile Pay on Demand.
Engadget , Bank of America gets into card swiping with Mobile Pay on Demand, because 29 can play at that game, Bank of America gets into card swiping with Mobile Pay on Demand, because 29 can play at that game
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