Groupon Payments

Daniel Gutierrez

Groupon Payments

CREATED Sep. 21, 2012

Groupon is branching out from daily deals to online payment processing. The company has launched Groupon Payments.

The system is aimed at competing with services like the popular Square device for iPhone and eBay's paypal. Using an app, the Groupon Payments service allows retailers to accept MasterCard, Visa and American Express payments with lower fees.