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Square dominates the mobile payment-processing industry, handling $26.8 billion in payments for the second quarter. It’s an industry titan, but Square isn’t the only mobile processing player in the game: There are Square competitors.
Indeed, mobile point-of-sale (POS) systems are on the rise. While certain industries, such as food trucks and fast-casual restaurants, utilize mobile payment processing more than others, the benefits of these systems are ideal for businesses in many industries.
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