Users can now employ their iPhone to pay their bills as well!VeriFone has announced the first complete credit card payment mode for the iPhone in the form of the PAYware Mobile solution. With this solution at hand, on-the-move businesses can perform transactions in a simple and secure manner.
VeriFone PAYware Mobile is a sleek and durable card reader that fits the iPhone perfectly. The card-swiping speed transactions can help users save upto 30 percent on card fees and lower the risk of errors as well. Moreover, with the help of the built-in stylus users can sign for transactions with ease, and the receipts may be mailed there and then.
The end-to-end encryption helps in safeguarding customer data and even reduces the risk of fraud and merchant liability. Furthermore, the iPhone app and the gateway allow for real-time reporting, payment consolidation and also permits quick access to transaction history.
The device can be fitted on both iPhone 3G as well as iPhone 3GS. The PAYware mobile device can be purchased online for free at Payware.com for an activation fee of $49. This fee is exclusive of merchant fees and comes with a two-year gateway service agreement. While the PAYware Mobile app can be downloaded from iTunes.