
VeriFone, which we know as a Square competitor, announced that it has started shipping its PAYware Mobile credit card processing sleeve for the iPhone, and that the complementary PAYware Mobile app is in the AppStore.
As you may know, PAYware Mobile (and Square for that matter) provides small businesses with secure card processing capabilities using the iPhone. The device works in conjunction with a mobile application that utilizes patent-pending card encryption technology.
However, unlike Square’s device which connects over 3.5mm headset jack, VeriFone’s sleeve uses the docking port and also comes with a stylus for signature capture and a mini-USB port for charging iPhone while the sleeve is attached…
[Via: slashphone]