Featuring a small card reader, M&T Mobile for Merchants has been designed to process credit card payments by attaching small card reader to smart phones or tablet devices.
The service also works for field-based businesses, such as landscaping providers, contractors, installation services or one-time events that traditionally use wireless terminals.
M&T Bank Commercial Product Management group vice president Christopher Morphew said, "M&T Bank has launched both a convenient new way for our customers to accept credit card payments and a state-of-the-art reporting tool that will help businesses save time and manage their cash flow."
Developed for real-time monitoring of credit card transactions and other account information, Portfolio Manager is an upgrade to the web-based reporting tool used by business customers on a daily basis.
Clients can have immediate access to accounts through a user-friendly dashboard following completion of initial set-up and registration process for Portfolio Manager.
Established in 1856, the independent commercial bank holding company has $83bn in assets and more than 725 branch offices in New York, Pennsylvania, Maryland, Delaware, Virginia, West Virginia and the District of Columbia.
