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http://www.finextra.com/News/Announcement.aspx?pressreleaseid=32725
The application allows businesses to accept secure card payment transactions through their iPhone.
John Clarke, Head of Product Innovation commented, “The iPhone Virtual Terminal is designed to process credit cards securely over the 3G or WiFi Network and is compatible with Apple’s iPhone 3G or iPod Touch technology. The product supports the secure processing of card transactions through major domestic and international payment processors such as Elavon Merchant Services, AIB Merchant Services and Barclaycard International and is available now for download from the Apple iPhone App Store.”
How cool is this? The more accessible both in terms of technology and in cost that we can bring to the small/medium retail business, the more opportunities for revenue and commerce, I’m off to read up more.
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