You need three things to process card-present (swiped) credit card transactions on your iPhone with PAYware Mobile: the PAYware Mobile Card Encryption Sleeve hardware and iPhone app, a payment gateway and a merchant account. Here is a breakdown of the PAYware Mobile pricing structure:
PAYware Mobile Card Encryption Sleeve and App
Get your PAYware Mobile Card Encryption Sleeve with no contract.
Details PAYware Mobile iPhone App - FREE
Card Encryption Sleeve - Buy at Apple Store
| PAYware Mobile Setup Fee - $49
Early Termination Fee - NONE |
Merchant Account
Qualified Check Card Rate - 1.59%
Qualified Credit Card Rate - 1.59%
Transaction Fee - $.20
Customer Support Fee - $7.95/month
Chargeback - $25/each
Monthly Minimum Discount - $25 | No Address Verification (AVS) Fee
No Batch Header Fee
No Application Fee
No Merchant Account Setup Fee
American Express & Discover processing
set-up 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 Card Encryption Sleeve is only $7.95 per month plus your processing fees.