Groupon Launches a New Payment Service

Groupon Launches a New Payment Service Groupon, “a website that features discounted gift certificates usable at local or national companies, launched a state of the art payment service, which allows businesses to accept credit cards using an iPhone or iPod touch” (Ortutay 1). Following the announcement, Groupon’s stock rose by 14 percent and its shares increased by 65 cents.

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