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PNC Financial Services Group Unveils PNC Mobile Accept Targeting Micro Business
PNC Financial Services Group Unveils PNC Mobile Accept Targeting Micro Business

Yahoo

time16-06-2025

  • Business
  • Yahoo

PNC Financial Services Group Unveils PNC Mobile Accept Targeting Micro Business

The PNC Financial Services Group Inc. (NYSE:PNC) is . On June 11, the bank unveiled PNC Mobile Accept, a new Pay-as-you-go payment processing solution. Tailored for micro businesses, the solution allows clients to accept in-person credit and debit card payments. A close-up of a busy executive's hand tapping the screen of a digital device, signifying the development of a digital retail banking solution. PNC Mobile Accept will give businesses, processing less than $300,000 in credit and debit card transactions annually, fast and secure access to accept funds directly from their phone or tablet. The solution will also enable card payments through manual entry or a pocket-sized reader supporting tap, dip, or swipe transactions. PNC Financial Services' new solution boasts of enhanced features like tax and tip functionality. It also boasts cardholder data encryption and near real-time transaction tracking. Business owners can also get funds from transactions in about two business days and accept payments from all credit card companies. The PNC Financial Services Group Inc. (NYSE:PNC) is a financial services institution offering various products and services. These include retail banking, corporate and institutional banking, wealth management, asset management, and lending products. While we acknowledge the potential of PNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

PNC rolls out mobile payment acceptance tool for mciro-businesses
PNC rolls out mobile payment acceptance tool for mciro-businesses

Finextra

time12-06-2025

  • Business
  • Finextra

PNC rolls out mobile payment acceptance tool for mciro-businesses

PNC Bank announced the launch of PNC Mobile Accept, a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app. 0 Designed for businesses processing less than $300,000 in credit and debit card transactions annually, PNC Mobile Accept is a self-service solution that gives business owners fast, secure access to accept funds directly from their phone or tablet with no monthly fee. 'Micro businesses are often left behind by traditional card payment solutions due to high fees, restrictive card programs and approval delays,' said Matt Evans, head of PNC Merchant Services for Small Businesses. 'With PNC Mobile Accept, we're meeting small businesses where they are, delivering enterprise-grade payments capabilities at micro business scale - fast, affordable, and accessible.' PNC Mobile Accept enables card payments through manual entry or via a pocket-sized reader that supports tap, dip, or swipe transactions. The solution boasts enhanced features like tax-and-tip functionality, cardholder data encryption, and near real-time transaction tracking, bringing consumer-grade ease to business-grade payments. Additionally, business owners can accept card payments from all credit card providers and access funds from transactions typically within two business days. This solution is ideal for micro businesses that are always on the go, and until now, lacked an easy way to accept card payments. PNC small business clients with an active PNC business checking account can apply for PNC Mobile Accept in all PNC Bank branches and online.

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