Although this is already the information age and a lot of people still have an apprehension on doing online transaction due to security issues. However, there are a lot of programs that allows you now to have a secure credit card transaction.
 
Secure credit card transaction is not only limited to credit card machines. In fact, you can install non-swipe credit card processing on your iPhone through paymentmax. However, unlike the wireless credit card machines, the transaction on iPhone requires the client to enter their credit card information on the iPhone which is similar if you do online transactions. However, there are extra measures that are offered to the clients which are not found on any traditional credit card machine.  


The credit card processing on your iPhone includes address verification which matches your home address to the address where your credit card is registered. It also requires the client to enter the  Service, ABS and the CVV2 which is the card’ security code found at the back of the card. Once all of the information are verified, the card number is then transmitted to the iPhone to the payment gateway through a secure SSL transmission. Your clients do not need to worry about the credit card information that they typed on the phone since the information will be truncated and thus be deleted on the phone’s memory.


On the other hand, you can also increase the security on the iPhone should someone gets a hold of it who wants to retrieve the information that are stored on your phone. All you need to do is to go to the settings tab and choose auto lock. You can choose to auto lock your device depending on the duration that you want. This is especially important if you are not using your iPhone. You can also set up a passcode that allows you to enter a four digit password which you will be typing twice to verify the information. These options secure the iPhone. You will be required to enter the passcode every time you try to open your iPhone to do any transaction.
4/14/2011 02:59:36 am

nice post

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