PNC Financial Services Group Unveils PNC Mobile Accept Targeting Micro Business

The PNC Financial Services Group Inc. (NYSE:PNC) is one of the most undervalued financial stocks to buy, according to analysts. 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.

PNC Financial Services Group Unveils PNC Mobile Accept Targeting Micro Business

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: 10 Most Popular AI Stocks to Avoid Now and Billionaire David E. Shaw’s 10 Small-Cap Stock Picks with Huge Upside Potential.

Disclosure: None.