| -- End Ad Box ---> | | | | third-party testing and authentication. It is regulated |
| What is an iPhone merchant account? How does it | | | | under the PCI Security Standards Council criteria, as |
| work? Is it secure? What is an end-to-end | | | | they reinforce the norms that every payment |
| encryption? And What are its benefits? What are the | | | | processing system providers must follow upon the |
| frequently asked questions that pertain to the use of | | | | development of any software. In relation to security, |
| an iPhone Merchant Accounts | | | | the customer's account info is truncated. |
| Merchant accounts are essential for online businesses | | | | What is an end-to-end encryption? |
| whether it may be small-scale or big time. However, | | | | The end-to-end encryption is utilized to help maintain |
| if you need to conduct business almost anywhere, | | | | the security of the customer's credit card details the |
| you would have to go mobile. You can have the | | | | moment the card is being swiped. All the card |
| option of having a merchant account on your iPhone. | | | | information is encrypted towards your credit card |
| Here are some FAQs about it. | | | | processing service. This feature can evade any |
| What is an iPhone merchant account? | | | | events that confidential card information would |
| It is defined as an agreement between the | | | | penetrate your iPhone. |
| merchant, the bank and the payment processor for | | | | What are some benefits you could get? |
| the processing of credit card and debit transactions | | | | By availing an iPhone merchant account, you can |
| through your iPhone. The basic requirements are | | | | confidently accept credit card payments, anywhere, |
| iPhone 3G or 3Gs and your merchant account. IPhone | | | | anytime, through your iPhone. You can conducts |
| merchant accounts such as PAYware mobile caters | | | | businesses at every place and avoid the chance of |
| to credit card and "check" card transactions. | | | | losing any deals because of the inability to process |
| How does it work? | | | | credit cards. You can also add a tip with your sale by |
| Merchant accounts such as PAYware Mobile | | | | entering a certain amount or allowing the application |
| software application conducts communication | | | | itself to calculate the tip from the percentage of the |
| between the secure payment gateway and your | | | | sales made. Also, they have the feature of specifying |
| iPhone unit. You would need to have an iPhone credit | | | | the tax percent entailed in each sale which can be |
| card encryption sleeve installed. It can be downloaded | | | | charged on the go. |
| easily at any iPhone application stores. The PAYware | | | | Having a merchant account, you can now monitor |
| mobile encryption sleeve is available in some VeriFone | | | | and maintain your online business with ease. But by |
| distributors. | | | | having a mobile merchant account, you can conduct |
| Is it secure? | | | | business at any place and at any time at your |
| IPhone merchant accounts undergo through | | | | convenience. |