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Charge Anywhere rolls out payment app for BlackBerry 7 devices

Mobile payment solutions firm Charge Anywhere issued a new transaction acceptance solution optimized for smartphones running Research In Motion's (NASDAQ:RIMM) BlackBerry 7 operating system, enabling merchants to use their mobile device to process multiple payment options.

The Charge Anywhere Payment Application for BlackBerry touts real-time payment processing services alongside tools to capture information like customer signature, invoice number, employee number, tips and GPS location. Merchants can leverage the app to accept cash, checks, credit cards, gift cards and loyalty programs. The app also generates digital receipts. Charge Anywhere adds its processing rate is as much as 0.8 percent lower than keyed transactions.

The number of subscribers using mobile payment options will increase from 102.1 million worldwide in 2010 to 141.1 million in 2011, a 38.2 percent year-over-year spike, according to a forecast issued in July by Gartner Inc. Worldwide mobile payment volume is expected to reach $86.1 billion during the current year, up from $48.9 billion--a 75.9 percent annual increase.

For more:
- read this release

Related articles:
Gartner: Worldwide mobile payment volume to grow 76 percent in 2011
Financial execs survey: Mobile payments going mainstream by 2015
Forecast: Mobile payments market to reach $670B by 2015
PayPal forecasts mobile payments to reach $3B in 2011
Forecast: Contactless payments to reach $50B worldwide by 2014


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