Here’s an interesting idea.  Several vendors are now offering small credit card scanners that plug into your cell phone.  For a small fee, you can turn your phone into a credit card processing terminal. 

The service is offered by PayPal, Intuit, VeriFone, Square and others.  Apple is working on a cell phone payment system.  Read more in this New York Times Business/Technology article.

Thanks for the heads-up Laura Calloway!

Copyright 2010 Beverly Michaelis