News Articles

Monday, July 2, 2012

mPowa mobile payment service goes live for Apple iOS devices

The mPowa mobile payment service, which was announced earlier this year, is now available on Apple iPhone and iPad devices. Individuals and organisations that want to take credit and debit card payments can download the app and register their details to receive a plug-in card reader.

There’s no cost for the app or for the reader. However, unlike some competing services, users require a merchant account with a bank. Customers with a merchant account will just pay mPowa a 0.25% transaction fee on each payment; those without a merchant account can arrange one via mPowa, paying 2.95% per transaction plus a 25p charge.

Card payments are processed using the magnetic stripe, meeting the PCI Level 1 security standard, with a ‘Chip & PIN’ device planned for later this year.

Print
Author: The Fonecast
1 Comments
Rate this article:
No rating

Categories: Applications, NewsNumber of views: 970

Tags: ukapplepaymentsiosmpowa

1 comments on article "mPowa mobile payment service goes live for Apple iOS devices"

0
0

R Campbell

7/4/2012 3:49 AM

At last, mPowa is live! This is a splendid solution for small business and one man bands especially in the UK. Many people just don't carry cash anymore these days making life very difficult for small businesses that don't take credit/debit cards. This is a great article but if you want to know more about mPowa go to http://www.mpowa.com/

Please login or register to post comments.

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«May 2017»
MonTueWedThuFriSatSun
24252627282930
1234567
891011121314
15161718192021
22232425262728
2930311234

Archive

Terms Of Use | Privacy Statement