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Smartphone Credit Card Processing Security-The PAYware Mobile Advantage
Lost Phone No Worries Thanks to PAYware Mobile
Mobile businesses are just that mobile! They move from one location to the next, Scout out future territories, and then pack everything up at the end of the day. This on-the-go characteristic creates more opportunities for smartphones and readers to become lost.
A few of our clients have encountered this very dilemma, and were so thankful that they had chosen the PAYware Mobile credit card processing app and encryption sleeve. They were able to instantly and remotely deactivate the device themselves with their PC. No worries thanks to the PAYware Mobile Gateway.
Here are the benefits of having access to a gateway from a PC.
- Security - The ability to instantly and remotely deactivate a device (or several devices) provides a huge sense of security. Other credit card apps, like Square, require a phone call or an email if deactivation is required.
- Administration - The PAYware mobile gateway allows the administrator to view all activity on all devices in real-time on a PC.
- Reporting – Extensive reporting functions are available to users of the VeriFone PAYware Mobile Gateway. Functions include: online management tools, custom email receipts, transaction details, transaction search, and settlement details.
Verizon iPhone 4 Credit Card Processing
Today I received a great question on my blog, “Is the PAYware Mobile Encryption Sleeve and the ROAMpay Swipe compatible with the Verizon iPhone 4?” The answer is “yes” to both mobile credit card readers.
So, if you have the Verizon iPhone 4 and are looking to start accepting credit cards here are a few comparisons of PAYware Mobile and ROAMpay Mobile.
Signature Capture
If you are looking for the ability to capture your customers signatures on your phone than PAYware Mobile is the best choice. The encryption sleeve comes with a built-in stylus for signature capture.
Geo-mapping
PAYware Mobile offers users the ability to track sales with the geo-mapping function. Users can identify what locations provide the most sales. Geo-mapping also tags each sale with a longitude and latitude position to reduce disputes.
Cash Order Capability
ROAMpay allows users to enter and track cash orders in addition to their credit and debit sales, PAYware Mobile does not. The cash order function is a benefit for those merchants looking to bookkeep and report with one application.
Offline Sales
ROAMpay Mobile allows merchants to accept payments offline, or when there is no cell phone signal. The transaction is “held” until the network becomes available. No lost sales.
For more information on iPhone 4 credit card processing visit www.paymentmax.com.
Is Smartphone Credit Card Processing Taking Over?
Smartphone credit card payment processing was non-existent a few years ago, but today it is proving to provide a service for thousands of mobile merchants. Even brick and mortar retailers are choosing to accept credit cards on their phones for the convenience and flexibility it provides.
Researcher Aite Group estimates that smartphone payments will equal 11 billion dollars this year. By 2015, these payments will shoot up to 55 billion dollars a year. Astounding figures for merchants and customers alike.
Before jumping on the band wagon of accepting credit cards, ensure that the mobile app and credit card reader are secure (i.e. encrypted). Encryption ensures that the customers credit card information can not fall prey to hackers. The information is encrypted at both ends of the transaction, and is never stored on the smartphone.
Accepting credit cards on smartphones is easy, and the set-up is quick once there is a merchant account in place. To get started visit www.paymentmax.com
Anticipated Release of iPhone 4 Credit Card Reader by PAYware Mobile
Over here at the PaymentMax office, we are hearing some news that PAYware is anticipating the release of their iPhone 4 credit card reader/swiper (also known as the encryption sleeve) next week! Yes..next week! Spectacular news for all of those iPhone 4 merchants who have been manually entering their customers data on the PAYware mobile app.
PAYware mobile is expected to have enough encryption sleeves for the demand. For more information on the iPhone 4 encryption sleeve release, iPhone 4 merchant account, or next day funding visit www.paymentmax.com.
*Currently the PAYware mobile encryption sleeve is only available for the iPhone 3, 3G models. There are no photos available but the reader is said to resemble the current sleeve.
PAYware Mobile Credit Card Reader and iphone 4 Compatibility
Currently the PAYware mobile encryption sleeve (credit card reader) is only compatible with the iphone 3G and iphone 3GS.
PAYware mobile has an iphone 4 credit card reader in the works, and PaymentMax will be one of the first to offer it to clients.
The iphone 4 is significantly different than the iphone 3G, 3GS and any attempts to use the encryption sleeve with the iphone 4 may void warranties for either device.
If you would like to accept credit cards on your iphone 4, you may do so with a manual entry of credit card data using the PAYware mobile application.
For more information on accepting credit cards on iphone 4 , and how PaymentMax can upgrade clients with the PAYware mobile encryption sleeve with no additional service fees.
Payware Mobile Encryption Sleeve Options
Mobile Merchants using their iphone 3G (or iphone 3GS) and the Payware Mobile encryption sleeve to swipe credit cards have a few program options they should know about.
The slide time out function and the submit after card function. You can find these card reader program options at menu, set-up, secure card reader on the iphone 3G, 3GS.
Here is a look at what they do.
1. Slide Time Out is the amount of time the application allows the user to swipe the credit card. There may be times when there is difficulty reading the credit card track data. The default value of 30 seconds can be adjusted for a longer period of time. However, longer slide time out times can deplete the smart phone battery charge faster.
2. Submit After Card- When this feature is turned on, the credit card transaction will automatically be transmitted to Payware connect for authorization after the card has been swiped through the card reader. The submit after card function eliminates the need to push submit after each transaction.
Most merchants will not need to change these default settings, but it never hurts to know your card reader options.
Where Do I Buy the PAYware Mobile Encryption Sleeve to Accept Credit Cards on iPhone
The PAYware mobile encryption sleeve is a small device that connects to your iPhone 3G, or iPhone 3GS. The encryption sleeve allows you to physically swipe your customers creditor debit cards. Swiping credit cards are attractive to mobile merchants because they cost the least amount of money to process-”swiped rates”.
Here is where you can find the PAYware mobile encryption sleeve.
