Government ID, Smart Cards, Identification and Authentication

PayWare Mobile turns iPhone into card reader

Wednesday, December 9, 2009

VeriFone has released PAYware Mobile, a combined hardware and software payment solution that provides small businesses with card processing capabilities on the smart phone platform.

Designed specifically for iPhones, PAYware Mobile is aimed at small business merchants who need a mobile card reader for enterprises such as home repair, small cafes, door-to-door sales, etc.

PAYware Mobile comprises a PA-DSS approved payment app and a card reader that slips over the iPhone to accommodate card swipes.


The PAYware Mobile card reader uses a secure magnetic stripe read-head and firmware certified to the Federal Information Processing Standard FIPS 140-2.

Card details are immediately encrypted during the card swipe process, meaning no sensitive data ever reaches the payment app, eliminating the possibility of compromise either on the iPhone or when information is transmitted over WiFi or cellular wireless.

The hardware and software solution will be available starting Jan. 15. [end] 

DeviceFidelity and SpringCard have unveiled moneto, a multiplatform mobile wallet solution for iPhone and Android users.

Much like DeviceFidelity’s In2Pay solution, moneto relies on a protective iPhone case equipped with an NFC-enabled microSD card. The moneto mobile wallet is powered by MasterCard PayPass technology and linked to a reloadable MasterCard prepaid card to enable contactless mobile purchases wherever PayPass is accepted.

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The Auriemma Consulting Group (ACG) has announced the launch of its new Mobile Payments Report, a market research service that examines the mobile phone as a payments device, financial managing tool, marketing channel and as a method of engaging with consumers.

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MasterCard and Commonwealth Bank have announced the launch of a QkR, a new mobile app that enables movie theater goers to browse and purchase refreshments from their seats.

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Ed McLaughlin, MasterCard’s head of Emerging Payments, has some good news for those waiting on NFC-enabled phones for contactless payments.

In an interview with Fast Company, McLaughlin said that he didn’t know of a handset maker who wasn’t working on integrating support for PayPass contactless payments.

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SHAZAM, a member-owned and -controlled EFT network and processor, has chosen Adaptive Payments’ Pentagon mobile POS payments application. With the Pentagon platform, merchants can accept PIN debit, signature debit and credit transactions from iPhone and Android phones and tablets.

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The Federal Trade Commission (FTC) has announced that it will hold a workshop on April 26 to examine the use of mobile payments and how this emerging technology impacts consumers.

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