In this part of our special report on reinventing the internet, a look at how its growth of the internet, in terms of connected devices, content and its importance, has researchers and analysts searching for new business models and technical ways to improve the network.
VeriFone is opening up its Sail mobile payment service to developers with a new developer portal. That will allow developers to easily add Sail to their mobile apps. But it will also be a way for developers to offer their services to Sail’s business customers.
VeriFone’s Square competitor SAIL is showing the first integration with a third-party service. It is working with Stitch Labs to offer customers a way to merge online and offline inventory management. The integration demonstrates how SAIL will compete by being open to outside services.
VeriFone is taking its newly launched SAIL mobile payment product to Android smartphones after debuting on the iPhone last month. The move helps VeriFone better compete with Square, an early mobile payment leader and PayPal Here, which are both available on iPhones and Android.
As a small business owner, I’m delighted the field of mobile credit card processing is opening up. I compared Verifone’s Sail and Square’s services while processing payments for my business via my iPhone and iPad. Here’s what I found.
While VeriFone’s Square rival SAIL looks nothing like Square’s credit-card-swiping dongle, the company veered into flat-out imitation with its legal user agreement, which lifted much of its language directly from Square’s merchant user agreement.