You need three things to process keyed (card not present) credit card transactions on your iPhone with PAYware Mobile: the PAYware Mobile iPhone App, a payment gateway and a merchant account. Here is a breakdown of the PAYware Mobile pricing structure:
Compatible with iPhones 3G, 3GS, and iPhone4
PAYware Mobile iPhone App
The PAYware Mobile iPhone App costs $0.00!
Payment Gateway
$0.00/month plus $.00 per transaction and $.00 settlement fee.
Merchant Account
Check Card Rate - 1.99%
Qualified Rate - 1.99%
Rewards Card Rate - 2.94%
Transaction Fee - $.20
Service Fee - $7.95/month
Chargeback - $25/each
Monthly Minimum Discount - $25 | Telephone Authorization - $.00
No Address Verification (AVS) Fee
No Batch Header Fee
No Application Fee
No Merchant Account Setup Fee
Discover processing included
American Express processing included |
The Bottom Line
Putting PAYware Mobile to work for your business is economical. Including a merchant account, the monthly cost for credit card processing with the PAYware Mobile App is only $7.95 per month plus processing fees.