Accept credit card payments on your iPhone? Then there were two

I think these are great... but what is going to prevent someone from using a legitimate reader but with their own software which may or may not look like something that's legit?

Hi Michael Rose
Thanks for giving the information about I-Phone which make the payment Online with better accuracy and more securable than a human transaction,TO
Accept Credit Cardin your organization is make the the process of on line payment more faster....

I know in Canada we are getting all our old "swipe only" cards replaced with chip & pin cards but there are many vendors who still swipe them instead of using the new chip terminals. The fact that VeriFone is employing a swipe-only system seems to show that they'll continue to accept non-chip transactions for quite some time (at least in the US).

It would be great to have this kind of "security" so a customer would feel protected when using their card for a transaction on my iPhone.

I thought they already had those in the Apple Stores. I bought something the other day and they did swipe my card on a device. Not sure if it was an iPhone or iPod Touch.

Chip and Pin is a must have for us in the Uk. If it's comes around the. My company will take advantage.

Yeah, they're not really competitors, although it may seem that way on the surface.

Square will be good for Craigslist sellers, tech support contractors, street vendors, etc.

VeriFone MAY do well in the retail space, but other than Apple and Microsoft retail stores, pretty much every retailer uses the traditional cashwrap setup. I'm not sure how likely a store like Macy's will be to move over to a "mobile cashwrap" setup and make the investment in iPod touches + 2 year contract with VeriFone. That setup works for Apple Stores, because they have several employees on staff to answer questions and pitch sales to people. Most traditional mall retailers tend to just let people walk around and let the products sell themselves.

The only reason VeriFone felt like they had to rush this announcement was so they could piggyback on Square being all over the news media.

When will Chip-and-PIN technology come to the USA?

It will really simplify these solutions and close a vast security and cost gap in them.

Come on, merchandising giants of the USA, unite and march forward...

My thoughts exactly, I've yet to see one that uses Chip 'n' Pin.

these card swipe apps and accessories are all well and good for the USA as they seem to use swipe a lot more over there but shouldn't they also feature chip and pin action as thats the main form of card payment in the UK as it is deemed more secure.

Ummm... What if you simply forgot to add the "wannabe-mac jingle" music into the video you were going to use to demo your product?