While Square, the new stake from Twitter co-founder Jack Dorsey that adds a assign bill swipe reverend to the headphone opening of an unsuspecting iPhone or other smartphones, was busy demoing at Le Web, one of the heavyweights of the commercialism processing market was busy prepping an declaration of its own. Earlier this week, VeriFone declared PAYware Mobile, a combination iPhone/iPod contact app and swipe bill reverend that module enable merchants to accept and process assign game on the move.
The widget is scheduled to ship in January and module be free with a 2-year contract with VeriFone (no word on the pricing plans yet). The reverend is questionable to encrypt assign bill accumulation in hardware so that the iPhone never sees the nakedness bill number, and the app module capture signatures using a tool (at small that's how it's illustrated now). Check discover the video above for a short demo.
It should be rattling interesting to wager how these digit organism solutions attain their moves into the commercialism ecosystem. Square seems to be aiming at more ad-hoc practice (artists, coffeehouses, etc.) for people who don't hit merchant accounts, but VeriFone is all most big retail. Room for everyone! TechCrunch happened to grownup a activity interview with Dorsey today, it's worth a look.
[via Engadget]
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