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Way back in October, Twitter co-founder Jack Dorsey talked about a new iPhone accessory called the Square iPhone Payment System consisting of credit card swipe reader and an app, that would help turn the iPhone into a credit card reader. TUAW had covered this news way back in October:

iphone squareccr 150x150 Want To Accept Credit Card Payments On Your iPhone? You Now Have 2 Options   Square & PAYwareDorsey’s new company Square is developing a tiny white cube that plugs into the headphone jack on either an iPhone or iPod touch. The cube is a credit card reader, something missing from all of those credit card apps currently in the iTunes App Store.
The Square iPhone Payment System consists of the reader and an app. After a card swipe, the customer uses a finger to sign the iPod touch or iPhone, one of the participants in the transaction enters the customer’s email address, and a receipt with the location of the transaction, the signature, and other standard information is emailed to the customer.

And now there is another player in the market; VeriFone  has announced PAYware Mobile, a combination of iPhone and iPod touch app that would accept credit card payment via a swipe card reader that is is attached to the iPhone or iPod touch. This will enable merchants to accept and process credit cards on the move. Check this video demo:

[via - TUAW]

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3 Comments

  • [...] After Twitter co-founder Jack Dorsey talked about a new iPhone accessory called the ‘Square‘ iPhone Payment System that could turn your iPhone into a cool credit card reader, it was the turn of VeriFone which announced PAYware Mobile, a combination of iPhone and iPod touch app that would accept credit card payment via a swipe card reader that is is attached to the iPhone or iPod touch. I had covered the story earlier this month titled ‘Want To Accept Credit Card Payments On Your iPhone? You Now Have 2 Options – Square & PAYw…‘. [...]

    • At 2009.12.12 19:52, Ali Redha Ahmed said:

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      • At 2009.12.12 14:52, Ali Redha Ahmed said:

        Hi i went to bay iPhones 3 3G S 100 pec.
        hwo to by.
        Thank you.
        Tel: +973 39616545

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        Hi, I have been using this awesome invention called the Apple iPhone from November 2007 and have gone nutzzz over it. Nuts to an extent that I started this blog which talks just about iPhone and nothing else.

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