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.

What is a Credit Card “Processor?”

A Processor is the company that actually routes an Authorization Request from a Point of Sale device (such as a Verifone credit card terminal) to Visa or Master Card, and then arranges for Fund Settlement to the merchant. Such processors are traditionally accessed via direct dial out modems connecting to their system.

-Processors need to have a Sponsoring Bank in order to gain access to the Visa and Master Card networks. When a Processor or other entity has made such an arrangement with a Sponsoring Bank to resell their services, they are called an Agent of that bank.

-Any entity that sells Visa or Master Card must disclose themselves as an Agent of their Sponsoring Bank. Such sales entities may be a Processor, or an ISO/Agent of the Processor or Processor/Bank alliance.

-Some banks are also their own processors, while other banks will use a Third Party Processor to handle this processing for them (in their own brand name in some cases).

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Posted on August 8th, 2008 by Robb Lejuwaan in Basics, Key Phrases, Merchant Account basics, credit card processing, Key Phrases, Merchant Account, Merchant Services

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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.