Derek further implies that such swipe transactions will be considered as Card Present (“running cards at a Swipe’s rate”) and will also enable merchants to enjoy “both online and in-person transactions” using the same one solution/merchant account.

Getting a Card Present approval from Visa and MasterCard isn’t easy. Verifone decided to disable the CNP scenario on their PAYware Mobile solution when they applied for a CP acknowledgment… Assuming such is achieved, it is still far from the vision of one solution for both scenarios: Card Present and CNP.

As both Innerfence and AppNinjas are using Authorize.net as a Payment Gateway, they cannot offer an ‘all in one’ account unless same is offered by Authorize.net. Other major Gateways and Processors are in the very same place and currently do not support such one account, so “hold your horses” on that vision for the time being…

Compare different iPhone Credit Card Processing solutions and go with the one that suits you best!

Gidi Argov, Founder and CEO
www.CreditCardProcessing-r-us.com

If you read the previous post you are well aware of the motivation and monthly numbers of web searches for stolen/faked/or otherwise hacked credit card numbers.

Accepting credit cards with an iPhone using an iPhone credit card app, is identical to accepting credit cards via any other computer web connected virtual terminal. As most virtual terminal users run a MOTO business, in which they never actually see the card, in most cases, when you accept a credit card with an iPhone, you’re probably on a safer ground, as unlike those MOTO businesses, you, at least occasionally, do see the actual credit card.

All iPhone credit card applications (included on our site…) are PCI compliance, as restricted credit card info is never saved on your smart phone. The second you process a credit card transaction, the info is securely sent to your payment gateway, and transaction details no longer include credit card information you are not supposed to maintain.

As a merchant accepting credit cards you need to make sure you use anti fraud measures, just like any other merchant. Many iPhone merchants, like other small merchants, use their payment gateway and merchant account provider to fully run the fraud management on their behalf. The real risk in this kind of an arrangement is a business loss, as your provider, might decide to decline a transaction you could have decided to take…

Gidi Argov, Founder and CEO
www.CreditCardProcessing-r-us.com

Linda has a point – she charges actual cards presented to her using her iPhone, yet if the card is not swiped and Linda has failed to open a card present merchant account, no one (but Linda) knows…

At the end of the day it makes very little difference what Linda thinks about the transaction – it’s what the associations think that matters.

As using an iPhone app to accept credit cards is similar to accepting cards over the net using a Virtual Terminal, the associations relate to these transactions as they would to any other MOTO order processed online – a Card Not Present transaction.

If you wish to accept credit cards using your smart phone, visit: iPhone credit card processing.

Gidi Argov, Founder and CEO
www.CreditCardProcessing-r-us.com

When you receive the notice: “card not supported” on your credit card machine, it means just that – the specific card brand (or type) you are attempting to charge is not supported by your processor (or you are yet to register for processing that card brand).

99.99% of credit card processing providers will enable Visa and MasterCard processing, yet for processing American Express and Discover you almost always need to apply separately. If you failed to do so, or was not approved for processing these brands, trying to charge Amex or Discover will generate the notice you received.

There are plenty of other card brands: Diners Club, JCB, China UnionPay, BC, Maestro (Switch, Solo), Visa Debit, Carte Bleue, Girocard and many others… Check what card brands and types are supported by your processor, so you’ll know in advance which cards you can charge.

If your processor can only accept Visa and MasterCard, it might be the right time to look for alternatives… I personally switched to iPhone credit card processing, yet this has to be reported on a separate post.

Gidi Argov, Founder and CEO
www.CreditCardProcessing-r-us.com

Until recently it was all about the iPhone app, which enabled turning an iPhone into an online Virtual Terminal and accepting credit cards through an online merchant account. Such apps are: MerchantWARE Mobile, offered by Merchant Warehouse, mTerminal, offered by goemerchant, ProcessAway sold on iTunes, ePAYwireless offered by ePay Management and Innerfence.

It looks like technology is now turning iPhones into full swipe wireless terminals. Some companies are now offering very interesting alternatives: Square, enables a card swipe and offers an additional neat payer verification feature. PAYware Mobile by VeriFone, offers a card-reading case which ‘hugs’ the iPhone and even Mophie, until recently a known iPhone hardware provider now jumps into the credit card processing world.

These new iPhone gadgets should do much more than enable a card swipe. They should enable one to switch from an online merchant account to a retail merchant account. Using these new technologies, one should be able to move from Card Not Present (CNP) environment into the Card Present world and process credit cards in the lowest processing rates.

Gidi Argov, Founder and CEO
www.CreditCardProcessing-r-us.com