VeriFone announced PAYware Mobile, a payment solution for the iPhone that brings card processing capabilities to small businesses.

PAYware Mobile includes a PA-DSS approved payment app and a card reader that slips over the iPhone to accommodate card swipes. It utilizes a secure magnetic stripe read-head and firmware certified to the Federal Information Processing Standard FIPS 140-2. Card details are immediately encrypted during the card swipe process, meaning no sensitive data ever reaches the payment app.