As with many of our new and evolving technologies, no one really knows what the future holds for mobile payments. However, there's no lack of people who act like they know. 'Mobile payments' is a buzzword among columnists, consultants and pundits, all weighing in on what will be the next product that hits it big. And there are many products for them to analyze; new ones are launched every day. Many fail just as quickly.
This year has been marked with changes for the credit card processing industry. The recent Durbin Amendment has had a large impact on merchant services, and now there's been another change - this time involving the Internal Revenue Code. If you're a merchant services provider, these changes could leave you questioning what other changes are in store for the industry this coming year. Although we can't shed light on that specific concern, we can provide a little more information on the current tax code changes that could impact those both directly and indirectly involved. for more info visit our site small bizz processing
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