Chase Paymentech, a subsidiary of JPMorgan Chase, is a global leader in payment processing and merchant acquiring and prepared to provide merchant processing services to small businesses that purchase the PAYware Mobile card encryption sleeve for iPhone.
"Chase Paymentech will [image-nocss] be instrumental in achieving our goal of making it as easy as possible for merchants to acquire PAYware Mobile for iPhone so they can meet their customers' demands for a card payment option," said VeriFone CEO Douglas G. Bergeron. "No longer will these small businesses lose sales because of an inability to accept payment by credit card or 'check' card."
VeriFone's card reader slips over an iPhone to accommodate card swipes and allow merchants to avoid high-cost "card-not-present" fees. It incorporates a stylus for signature capture and a mini-USB port for charging iPhone while the ergonomic reader is attached. The PAYware Mobile card encryption sleeve incorporates VeriFone's end-to-end encryption technology and ensures secure payment processing.
Users also gain access to the PAYware Connect gateway, a fully customizable gateway service that's ideal for small businesses. Details of all iPhone payment transactions are available in real-time within the Merchant Portal on the payment gateway, which also enables businesses to consolidate payment reporting from multiple PAYware Mobile-equipped iPhones.
VeriFone Holdings Inc., San Jose, Calif., is a leader in secure electronic payment solutions. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.