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Two weeks ago, Stefan wrote about a new start-up called Square, which enables iPhone users to accept credit card payments. Now we have another such company, VeriFone, which launched the service called Payware Mobile. However, unlike Square, VeriFone’s peripheral also serves as some kind of a case, making sure your iPhone is protected in a case you drop it. Actually, it will protect only the bottom part of the device — as you can see from the image above — so you better hope that in such an instance Murphy’s law is broken.
In addition, with Payware Mobile you can also accept signatures for those credit/debit card owners who don’t have/want to use their PIN code. I’m guessing the device will ship with some special stylus that works with capacitive touchscreen, cause otherwise it won’t work.
The problem is, like with Square, can VeriFone reach the tipping point and entice enough people to use its service.
Expected release date of the Payware Mobile is January 15, 2010, and at the moment you can pre-order the device. As for the pricing, the peripheral itself is free on a two-year contract, which apparently involves exclusive credit card processing deal. And we’re not sure how much that costs. In any case, I’m looking forward to see whether people dig the idea of processing credit cards on-the-go and if they do, which of the two companies (Square and VeriFone) will win this race…
[Via: Engadget]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
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