Los Angeles, CA, February 5, 2011
The long-awaited release of the iPhone 4 on Verizon Wireless is upon us. Television ads have been airing for several days. Verizon has stopped accepting pre-orders from existing customers. Their website is announcing that online sales will begin 02.09.11 3:01 AM EST. Sales in their stores begin the following day, 02.10.11, at 7:00 AM local time. PaymentMax will be able to offer a credit card processing plan for the iPhone 4 immediately.
PaymentMax, last year ranked at #12 in financial services by Inc. 500, is a provider of merchant services that specializes in mobile processing for credit cards. They announced today that they are able to offer merchant service accounts for the Verizon iPhone.
Max Payton, Director of Business Development at PaymentMax, says, “We look forward to welcoming new customers and assisting our current customers who will be using the iPhone 4 on Verizon. We believe Verizon’s proven reliability and their nearly complete nationwide coverage will spur even more growth in mobile commerce. It is a win-win situation.” The Verizon iPhone will also be able to roam on networks in Canada and Mexico.
It has been a long wait, especially by smartphone standards where new releases are measured in months instead of years. Verizon and Apple first started talking about bringing the iPhone to a CDMA network in 2008. At that time, processing credit cards on any hand-held device was still in its infancy, and the idea of using a personal phone to do it was still on the drawing board.
Today’s announcement by PaymentMax that they are offering credit card processing plans for Verizon iPhone shows not only how much the industry has grown, but also reinforces confidence in the idea that mobile commerce will continue to grow steadily into the foreseeable future.
The Verizon iPhone is able to serve as a mobile hotspot that can connect up to five devices. It is anticipated that this feature will make card processing via the Verizon iPhone even more attractive for its utility in making instant sales at venues such as convention floors and trade shows.
About PaymentMax
PaymentMax has been providing merchant services since November of 2004. Their emphasis on building relationships with their customers has made them a leader among financial service providers. In 2010, they were listed as #12 by Inc. 500. You can find them on Facebook, Twitter, or at www.paymentmax.com.
