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Payments
Wednesday, January 6, 2010
The ability to accept credit card payment has become a necessity for all retail businesses. Retailers are expanding their business to new horizons. Their businesses are no longer confined to any specific store location. Businesses looking to increase their customer base have started tapping customers outside the stores with new sales strategies such as door to door selling.
The ability to accept credit card payments depends on many factors. A terminal is extremely essential to process the payments. Modern payment systems involve a merchant account with a payment gateway service provider, card terminal and the availability of a communication channel to transmit data between the terminal and payment gateway.
In a common setup, terminals act as an interface to connect to the payment gateway. The majority of these card terminals use phone lines to transmit data.
The mobile sales force often encounters problems with payment processing during sales. Mobile sales forces cannot carry these credit card terminals along with them. Moreover, payments cannot be processed without the transmission of information between the terminal and payment gateway.
This problem can be easily solved by using Merchant Account Payment Gateway App. This application is designed to work with iPhone. This application converts your iPhone into a mobile payment terminal. This application acts as a Merchant Account Payment Gateway Interface where you can enter details such as Merchant ID, Transaction ID, card number, customer name, phone number, email address, billing address and the amount to be charged.
You can easily convert your iPhone into a wireless credit card terminal by downloading the application. If you have registered on any one of the payment gateways, you can get started after downloading the application. If you don't have any of these payment gateways, you can register for them at a discounted price.
People often hesitate when furnishing details about their credit card. They are suspicious when a salesperson enters details about their credit card on his/her iPhone. But, there is no reason for worry as this software has a secure interface and the information entered through the interface is not stored on the iPhone.
This iPhone application provides useful features in addition to secure transactions. Some of the useful features it provides are:
• CVV Security Code
• No Cable Required
• No Card Reader Required
• (AVS) Address Verification System
With Merchant Account Payment Gateway App installed on your iPhone you will never lose a sale due to the inability to accept credit card payments. This software gives you freedom from bulky card terminals. Moreover, you can also use an iPhone loaded with the application as an substitute to traditional bulky terminals in your merchant location.
This software comes in handy when you are at tradeshows or any other sales location where you have no access to a payment terminal. It can enhance your business prospects and make the payment process faster. An iPhone loaded with this Merchant Account Payment Gateway App offers far more conveniences than traditional credit card terminals.
Download This 100% Free iPhone Credit Card Terminal App by PayPodd. It's Perfect for The Mobile Business on The Go. Accept Credit Cards Payments Anywhere on your iPhone or iPod. Works on the Big 2 Gateways, Authorize.Net and PayPal Payflow Pro. No Readers! No Swipes! No Cables!
