iPhone credit card terminal services like Square have taken e-commerce business transactions to an entirely new platform. It is a technological advancement that makes receiving payment simple anywhere and anytime, no matter what the point of sale is.
With new Apple iPhone or the iTouch application, you can turn the iPhone into a credit card terminal and process payments instantly – it is reliable, safe, and flexible to use.
Credit Card Usage
With iPhone payment processing, a user can use any kind of credit card for transactions. All the major cards such as Discover, MasterCard, American Express and the VISA are accepted for payment processing.
Just like any other card swipe machine, the iPhone credit card terminal works equally. The new technology makes seamless iPhone interface possible for people anywhere in the world.
A Complete Mobile Solution
With iPhone payment processing applications, it has become a comprehensive tool in the hands of new generation of entrepreneurs and buyers. Every installed application is in compliance of PCI standards.
Moreover, there are no costs to set up these systems. In other words, you have the world in the palm of your hand, literally! You can make payments and accept check cards, e-checks and other major credit cards (some mentioned above).
It Is Universally Applicable!
iPhone payment processing users do not have to wait endlessly to authorize payments – the application can be used anywhere. Whether you are at an antique show or you need to pay for cleaning services, just swipe the card on the iPhone credit card terminal. Moreover, with such a powerful application, there is basically no need to carry hard cash. This way one need not worry about theft too.
Of course, a concern with credit card information safety may still hover in your mind, but know this – data transferred during the payment transactions is totally encrypted. There can be no data theft. It is secure, fast, reliable and efficient.
Transaction information is never stored in the phone’s memory. All the data and information is directly transferred to the payment gateway service provider instantly. The internet link used for this transference is secure as only the merchant and the payment gateway service provider has access to it.
Adds to Business Credibility
Being able to process transactions instantly and provide real-time data to customers will add to a business’ credibility. Customers will have confidence in dealing with you.
Since the merchant doesn’t pay anything for setting up the credit card terminal with a phone line or internet network, there is no limit to the number of transactions done daily through iPhone.
It will also give a boost to customer sales. The acceptance or decline of iPhone credit card terminal processing request is made known to the buyer instantly and even if there is any problem with credit card transaction, it is solved within minutes.
Overall, the iPhone processing technology is a complete safe package for business – instant payment and no data theft issues.