VeriFone Systems, a provider of electronic payment solutions, has selected Global Payments to distribute and support its PAYware Mobile secure card payment system for iPhone in Canada.
Global Payments, a provider of electronic payment processing services, will immediately make the PAYware Mobile card encryption sleeve available to merchants.
The VeriFone system currently incorporates a secure mag-stripe card encryption reader for iPhone and a PA-DSS validated App; an EMV version of the card encryption reader is anticipated soon.
The PAYware Mobile card encryption incorporates a stylus for signature capture and a mini-USB port for charging the iPhone while the ergonomic reader is attached.
In addition, users can also access to the PAYware Connect gateway, a fully customizable gateway service suitable for small businesses. Details of all iPhone payment transactions will be available in real-time within the Merchant Portal on the payment gateway, which also enables businesses to consolidate payment reporting from multiple PAYware Mobile-equipped iPhones.
Global Payments Canada Product Development and Marketing vice president Jeff McGuire said that VeriFone has created a market-leading mobile payment solution that will expand electronic card acceptance to a broad range of merchants and small businesses for which a payment-enabled, multipurpose smartphone is the best option for electronic payment transactions.
Currently, the English version of the PAYware Mobile app for Canada is available, French version is expected to be released later this year.