Product of the Week

VeriFone: iPhone Credit Card System

April 12, 2010
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PAYware Mobile is a complete credit card payment solution for the iPhone™, providing businesses with simple and secure transactions. Users can simply swipe a card, capture a signature, and make use of the convenience of payments whenever, wherever. The iPhone app and gateway provides real-time reporting and payment consolidation. The sleek and durable card reader snaps onto an iPhone 3G/3GS. The built-in stylus makes signature capture easy; receipts can be instantly e-mailed. End-to-end encryption protects customer data and greatly reduces fraud and merchant liability. According to the company, the app and card encryption sleeve combination can lower a firm’s cost of accepting credit cards by 30 percent. Credit transactions are posted almost immediately, providing fast access to funds.

VeriFone, 2099 Gateway Place, Ste. 600, San Jose, CA 95110; 800-837-4366 or 408-232-7800; 408-232-7811 (fax); www.verifone.com

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