PayAnywhere's Apple Pay™-Ready Credit Card Reader Now Available at Apple Retail Stores and Apple.com

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SOURCE North American Bancard

PayAnywhere's NFC Credit Card Reader that Accepts Apple Pay Available Nationwide Today

TROY, Mich., Sept. 22, 2015 /PRNewswire/ -- North American Bancard (NAB), an industry leader in credit card processing, announced the newest version of its PayAnywhere Mobile credit card reader is now available for purchase in all U.S. Apple Stores and Apple.com.

The new PayAnywhere Mobile reader plugs in to the headphone jack of an iPhone or iPad, turning iOS devices into mobile point-of-sale systems (mPOS). The reader enables merchants of all sizes to accept Apple Pay, other contactless payments, and traditional magnetic stripe credit cards anywhere, providing a seamless checkout experience for both the merchants and their customers. PayAnywhere also provides merchants with robust features and functionality, including faster funding, real-time analytics, and superior customer service, all for one of the industry's lowest rates with no setup or monthly fees. 

Security and privacy is at the core of Apple Pay. When you add a credit or debit card to Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

The PayAnywhere Mobile device retails for$39.95, and the PayAnywhere Mobile app is free in the App Store.  

Apple Pay is easy to set up and users will continue to receive all of the rewards and bene?ts offered by credit and debit cards. In stores, Apple Pay works with iPhone 6, iPhone 6 Plus and Apple Watch.