TROY — PayAnywhere (www.payanywhere.com), a Troy-based provider of mobile point of sale systems, Tuesday announced its acclaimed credit card reader for smartphones will be shipping to retailers across the country beginning this month.
PayAnywhere made the announcement at the International CTIA Wireless Show in New Orleans.
PayAnywhere also announced availability of its mobile payment application and credit card reader for BlackBerry smartphones.
Beginning this summer, merchants can pick up the PayAnywhere credit card reader at local retailers and within hours be accepting credit card payments from customers.
The PayAnywhere credit card reader easily attaches to iPhones, iPads, Android smartphones and tablets, and BlackBerry smartphones. Designed to stay in place during use, the reader features a magnetic head approximately twice the length of competitors’ readers for improved reading of credit card mag stripes.
The PayAnywhere reader and service meet Payment Card Industry (PCI) certification standards and credit card data isn’t stored on the merchant’s smartphone, tablet or the PayAnywhere app. PayAnywhere employs the highest level of data encryption ensuring every transaction is protected so merchants’ customers can pay with confidence.
Used today by merchants ranging from billion dollar enterprises to the weekend neighborhood garage sale, PayAnywhere is the payment industry’s only enterprise-grade, no compromise mobile payment system suited for any size merchant. Created by National Bancard, a company with two decades of providing credit card processing to merchants of all sizes, PayAnywhere’s mobile point of sale technology brings the transaction to the customer and helps merchants use their smartphones or tablets to boost sales and improve cash flow.
Setting up a PayAnywhere account is fast, easy and free. Once the $9.95 PayAnywhere credit card reader is purchased from a retail location, merchants simply download the free app from the Apple App Store, Google Play or BlackBerry App World and follow the in-app instructions to sign up for the payment service. Approval takes only a few hours, allowing the merchant to begin accepting credit card payments the very same day they purchase the reader. Once the merchant uses PayAnywhere to process $150 in sales, a $10 rebate will appear on their next statement to cover the cost of the reader.
PayAnywhere offers the lowest transaction fees in the mobile payments industry (2.69 percent per swipe), and its pay-as-you-go pricing plan requires no setup or cancellation fees, no monthly fees, and no minimum processing dollar amount. PayAnywhere also boasts one of the fastest pay out times in the industry, with merchants typically receiving funds within two business days of a transaction. Merchants who purchase PayAnywhere at retailers will also find additional incentives and promotions packed together in the box with the credit card reader.
The PayAnywhere app lets merchants:
* Easily accept “card present” and “card not present” credit card (Visa, MasterCard, Discover and American Express) and cash transactions
* Process sales, refunds, voids, pre-authorizations and forced transactions right from the PayAnywhere app
* Store and forward transactions to process later when wireless connectivity is unavailable
* Send customized receipts by email with transaction details and merchant logo
* Offer customers both preset and custom tip options
* Automatically calculate sales tax based on GPS-determined location
* Set up inventory catalog with categories and product images for easy and fast sales
* Integrate with cash drawers and thermal printers (via AirPrint and Star thermal printers)
* Create sales tracking and other reports right from the app
In addition to the mobile app and card reader, PayAnywhere offers its merchants an online portal for creating custom and extensive transaction reports, setting up email alerts, viewing customer receipts, monthly statements and more.
PayAnywhere backs its service with around-the-clock customer support. Merchants looking to accept mobile payments should visit PayAnywhere at www.PayAnywhere.com/accept-credit-cards for more details. Retailers looking to merchandize PayAnywhere should contact firstname.lastname@example.org.
As for the BlackBerry app, PayAnywhere founder, president and CEO Marc Gardner said: “One in six U.S. smartphone users rely on BlackBerry, with the majority of them using their phones for business purposes. PayAnywhere is committed to helping business prosper by offering the most complete set of tools and features, simplifying the transaction process and arming merchants with business intelligence and enterprise-grade support. PayAnywhere has taken great care to ensure our app, payment service, online Merchant Portal and customer care address merchants’ payment needs so they can focus on growing their businesses.”
PayAnywhere supports more BlackBerry models than any of its competitors. Current supported BlackBerry models (OS 4.7 or later) include: Bold 9000 on AT&T; Bold 9650 on Sprint; Bold 9650 on Verizon; Bold 9700 on T-Mobile; Bold 9700 on AT&T; Bold 9780 on T-Mobile; Curve 2 8520 on T-Mobile; Curve 2 8520 on AT&T; Curve 2 8530 on Sprint; Curve 2 8530 on Verizon; Curve 2 8530 on U.S. Cellular; Curve 3G 9330 on Verizon; Curve 3G 9330 on Sprint; Storm 2 9550 on Verizon; Torch 9800 on AT&T; Tour 9630 on Sprint; and Tour 9630 on Verizon.
PayAnywhere is also available to merchants using iPhone, iPad and Android. Merchants looking to accept mobile payments should visit PayAnywhere at www.PayAnywhere.com/accept-credit-cards for more details.