Eventually, Square hopes to offer a software-only option that doesn't require the plastic gadget. It would give away the micro terminals and make money by charging transaction fees to those accepting payments. The company expects to release its first product to the public early this year. Square also works with Apple Inc.'s iPod Touch, and Dorsey soon would like to have its software running on phones that use Google Inc.'s Android operating software.Ībout 100 Squares are being tested by merchants in several cities. Once the transaction goes through, credit-card information is deleted from the phone, Dorsey said. Fewer than 10 active installations Tested. It is capable of running interactive business apps on its large 3.5-inch color touchscreen to turn point of sale into a best-in-class customer experience. iSwipe is a cryptocurrency payment gateway with an instant and automatic conversion of a wide Clic Technology Inc. Information is encrypted on the iPhone before it is sent.Ĭustomers can sign for purchases by writing with a finger on the iPhone's touch screen. A versatile and portable, Wi-Fi enabled terminal to accept payments in-store and on-the-go. Software in the iPhone then decodes the signal and sends the transaction data over the cell-phone network to Square's servers so the purchase can be authorized. Swipe a card through a slit on its side, and the device will read your credit-card number and convert it into an audio signal that can be sent to the iPhone through the audio jack. Using the Square device is pretty simple. "We're trying to build a utility that scales not just to someone selling coffee in a store but also someone selling their couch or buying a MacBook Pro on Craigslist," Dorsey said. This also means that anyone can use the service. takes a different tack: It has its own merchant account, so it takes on the responsibility for minimizing risk and fraud, Dorsey said. Create bills with online portal Schedule recurring billing easily Import bills in batches from files such as Excel, CSV or OFX Auto payment reminder. That service, PayWare Mobile, is aimed at small businesses and fits a credit-card terminal and small stylus (for signatures) into an iPhone case.Ī business often needs to have its own merchant account with a credit-card company to use one of these methods, however. plans to release a service similar to Square's. Card Swipe Machine - Credit Card Terminal (All-in-one Card Payment & QR Payments Machine) Share New Card Swipe Machine - Credit Card Terminal (All-in-one Card Payment & QR Payments Machine) Write a Product Review Add to Wishlist. Many businesses already use eBay Inc.'s online payment system, PayPal, so that they can take plastic on their Web sites, and iPhone applications such as iSwipe and Credit Card Terminal are available for on-the-go transactions.Įlectronic-payment services company VeriFone Holdings Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |