Credit Card Reader for iPhone Shipping Now for Inner Fence Credit Card Terminal

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Inner Fence, maker of Credit Card Terminal for iPhone, is now shipping Credit Card Reader for iPhone, an Apple-authorized hardware accessory that allows merchants to swipe credit cards.

Credit Card Reader for iPhone

Merchant Focus and Inner Fence have negotiated extensively with our suppliers to be able to offer hardware at a great price to thousands of our current users and free of charge to any merchant that signs up for a new account.

Inner Fence, maker of Credit Card Terminal for iPhone, is now shipping Credit Card Reader for iPhone, an Apple-authorized hardware accessory that allows merchants to swipe credit cards. The swipe accessory will be offered free to new merchants.

“We’ve already seen great success with keyed transactions on the iPhone,” says Derek Del Conte, CEO of Inner Fence. “I believe that the addition of a magnetic stripe reader will help us attract a new segment of merchants who require the speed and reliability of swiped transactions.”

Credit Card Terminal is the leading credit card point of sale app available for Apple’s iPhone, as featured in Apple’s “Office” prime-time television campaign. Until now, merchants could only perform keyed transactions using the app, but now they may optionally use the new Credit Card Reader accessory to perform swiped transactions as well.

The Credit Card Reader accessory attaches to the iPhone dock connector. It is designed for speedy transactions and high volume with a high-accuracy read head and sturdy construction. The accessory was tested and certified by Apple to be compatible with iPhone as part of the Made for iPhone program.

Swiped transactions are advantageous to merchants because they are much faster and less error-prone. Merchants may also be able to qualify for lower rates under the terms of their merchant account agreement.

Along with their merchant account partner Merchant Focus, Inner Fence is providing Credit Card Readers to new customers that activate a new merchant account free of charge. Additional units will be available at http://www.innerfence.com for $79.

“We are excited to get the new credit card reader hardware into the hands of as many of our new and existing customers as possible” said John Waldron, CEO of Merchant Focus. “Merchant Focus and Inner Fence have negotiated extensively with our suppliers to be able to offer hardware at a great price to thousands of our current users and free of charge to any merchant that signs up for a new account.”

Credit Card Readers for iPhone 3G and 3GS are shipping immediately. iPhone 4-compatible units will be available in Q4 of 2010.

About Inner Fence
Inner Fence is a privately held Seattle-based software development company that builds mobile credit card applications, allowing merchants to accept charge payments from anywhere. Their Credit Card Terminal app is available on iPhone, iPad, Mac, and Android. For more information, see http://www.innerfence.com.

About Merchant Focus Processing
Merchant Focus Processing, Inc., focuses on two market segments, each of which has special requirements and challenges. Merchants transacting $250,000 or more annually in credit card sales qualify for Interchange-Plus pricing with no monthly fees of any kind through EstablishedMerchantsOnly.com. Brand new businesses encounter low Two Tier pricing through MerchantFocus.com.

Contacts:

Derek Del Conte
derek(at)innerfence(dot)com
425-233-8272

John Waldron
jwaldron(at)merchantfocus(dot)com
1-800-895-4085 Ext 11

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Derek Del Conte

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