Many businesses are choosing to go to the client and offer their services on location, instead of waiting for clients to come to them. With iPhone credit card processing (as a mobile card reader), accepting credit card payments while out of the office is easy. To utilize this technology to your best advantage, combine the PAYware Mobile iPhone payment app with next day funding merchant services, and reap the rewards of mobile business.

With the PAYware Mobile app you can not only accept credit card payments securely with your iPhone 3G or 3GS, you can save money on card processing with “card present” transactions. Card present transactions receive a lower processing fee than cards that need to be called in. The advantage of the PAYware Mobile payment app is that it turns your iPhone into a credit card terminal – you can actually swipe credit cards with the phone.

PAYware Mobile consists of the iPhone payment app, the card encryption sleeve, and the PAYware Connect payment Gateway. Once you have downloaded the app to your iPhone, it is ready to process credit cards and even email your client a receipt. The Card encryption sleeve fits onto your iPhone 3G or 3GS, and is the actual card reader. The iPhone app tells you when to swipe the card, and the sleeve reads and transmits the information – completely securely, without storing any sensitive data in the phone itself. The Connect gateway processes the transaction in conjunction with your merchant services account. In a matter of moments, the secure transaction is completed and you have card approval.

Next it’s time to put your merchant account to work. A next day funding merchant services account completes the transaction and deposit the funds into your business account in a single day. With standard merchant services accounts, this process takes between two and five days, depending on the type of card processed. During that time, none of the funds from your sale are available for your business to use. Next day funding allows your business to be able to use your profits when and where they’re needed, without the wait.

Technology is making mobile business easier. Finding the best tools and the right ways to use them will help your business move to its best advantage. Combining the PAYware Mobile iPhone payment app with next day funding merchant services can help you work smarter, and save money.