PAYware Mobile iPhone Credit Card Processing

The PAYware Mobile iPhone credit card application and reader make payments possible anywhere your iPhone can go. The reader makes every payment a card-present transaction, reducing your merchant account bill significantly. Plus our merchant account for PAYware mobile has the cheapest rates you'll find anywhere.

Why the getting an iPhone credit card swiper is better than a normal application:

** We have the lowest merchant account rates, guaranteed! **

If you find any lower rates, we'll beat them. But good luck finding lower rates than ours!

iPhone application to accept credit cards

Using a swiper lowers the cost of accepting credit cards by eliminating higher rates from 'Card Not Present' transactions.

iPhone mobile payment processing terminal machine

The reader automatically encrypts credit card data so that your customer's account data is never stored on the iPhone, reducing liability.

Never key-in or write down credit card numbers again. The process is swift and error-proof, making each transaction a breeze. iPhone PAYware merchant account swiper application sleeve

Never key-in or write down credit card numbers again. The process is swift and error-proof, making each transaction a breeze.

iPhone credit card terminal swiper machine

Verifone, the maker of PAYware, is the biggest and most trusted manufacturer of credit card processing machines in the US.

iPhone PAYware credit card processing merchant account

..are awesome. We flaunt them because we know how low they are compared to the competition and we want you to know exactly how much you will be paying.

Eight Ways to Save Money – Method #7

Obtain Authorization/Settlement Mismatch Exemptions

In general, any variation between authorization and settlement amounts cause downgrades for merchants, which always results in higher fees. However, certain industries are allowed some authorization/settlement leeway due to the nature of their business. For example a restaurant; because an authorization will not include a figure for a tip the guidelines from Visa and MasterCard allow for a limited variance between the authorization and settlement amounts without the merchant experiencing a downgrade. This applies to other industries that commonly accept tips such as taxi cabs and limousines, restaurants, bars, taverns, and cocktail lounges, beauty and barber shops as well as health and beauty spas.

What You Can Do

Talk to your merchant account provider to confirm your industry classification exempts you from a mismatch downgrade, and ask them to make sure your account is properly coded to allow for this exemption.

If this is a little confusing to you feel free to e-mail me with any questions you may have.

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Posted on January 17th, 2008 by Robb Lejuwaan in Interchange, Merchant Account, Non-Qualified, Qualification, Rates and Fees Hotels, Interchange, Qualification, restaurants

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PAYware Mobile iPhone Credit Card Processing

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If you prefer an iPhone credit card processing application other than PAYware mobile, we will give you a $50 iTunes gift card if you sign up with our merchant account. However, PAYware Mobile is the only application on the market with a credit card reader or swiper.