Apple Pay works with the new PayAnywhere mobile credit card reader
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This new PayAnywhere Mobile reader accepts Apple Pay, other contactless NFC payments, traditional magnetic stripe credit cards and is EMV-capable. It is also offering merchants $5000 free in Apple Pay transaction processing with a new PayAnywhere account, an unprecedented offer in the industry.
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.
They are the first solution provider in the United States to distribute an Apple Pay/iPhone/iPad acceptance device.
The cost of this device will be $39.95, and the PayAnywhere Mobile app is free in the App Store. It will be available in the month of September.
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