iPhone Credit Card Reader Becomes a Reality

Aug 4 2009, 1:00am CDT | by Luigi Lugmayr

I heard about the idea of making a small accessory for the iPhone to swipe credit cards a while back. Now a store in New York is actually testing such a credit card reader for the iPhone.
According to Cool Hunting (Via Engadget) the Self Edge store is using a small credit card reader that plugs into the iPhone headphone jack. After typing the amount on the iPhone credit card reader app, the customer just signs with his finger and provides an email address where the invoice should be sent to.
The payments are processed by Square. This sounds like a great solution for sellers and buyers. No paper and the receipts even show the location on the map of your purchase.

This CC reader for the iPhone is so small that you could carry it with you for some instant business transactions anytime and anywhere. You could be at a flea market and just take credit cards with your iPhone or get money back from a friend you lent $100 the other day.

There is no information available yet on how far along this credit card solution for the iPhone is to actually becoming widely available.

where to buy

Buy from Amazon

What Others Say about This

Apple 'aggressively' pursuing new production support manager

AppleInsider claims to have learned. The site says that "a California-based recruiter" at the company has turned to sending messages through LinkedIn, ones which indicate that Apple wants to fill the position within two to three weeks. The recruiter is r ...
Full article at: MacNN More like this 21 minutes ago

Trademark claims threaten iPad exports from China

A Chinese tech firm that claims it owns the iPad trademark will seek a ban on exports of Apple Inc.'s computer tablets from China, which could deal a blow to the U.S. technology giant's sales worldwide. Proview Technology (Shenzhen) Co. is petitioning Ch ...
Full article at: Hartford Courant More like this 21 minutes ago

The end of the PC, courtesy of Microsoft

For a couple months now, people have been buzzing about the iPad's role in propelling Apple to the top slot of computer sellers -- if you count the tablet as a computer, of course. More recently, we've heard the iPad now outsells not only desktop PCs in ...
Full article at: InfoWorld More like this 22 minutes ago

Don't miss ...

Apple

iPad 3 Announcement rumored for Early March

Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.