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MPowa, a mobile payment app, will be available in the...

MPowa, a mobile payment app, will be available in the United States, mPowa founder Dan Wagner said. The free app processes transactions from card, cash, and checks; and card transactions include a 0.25 percent processing fee, he said. Cards can…

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be swiped on the reader which also accepts chip and PIN devices, he said. MPowa serves businesses with previous banking arrangements for card payments as well as small and medium-sized businesses that did not previously have mobile payment capabilities.