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Mophie readies iPhone credit card reader

updated 05:45 pm EST, Wed December 30, 2009

Mophie reader may challenge Square

Mophie today broadcast its intent to get into mobile payment by unveiling early details of a credit card reader for the iPhone. The peripheral when attached will let owners "complete financial transactions on the go" and will come with its own companion iPhone app to handle the payments themselves. Unlike some add-ons, the Mophie entry is designed to remain attached for long periods and rests flush with the iPhone case; it doesn't appear to support the iPod touch.

It's unspecified whether the reader will simply tap into existing payment infrastructure systems or else will include its own separate infrastructure, much like Square. The latter is intended primarily for small or very mobile businesses that either can't afford or would prefer not to use bulky and at times expensive credit card processing hardware and services.

More info, such as pricing and how Mophie will sell the readers to companies and individuals, is expected to arrive at CES next week. [via MobileCrunch]




by MacNN Staff

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Comments

  1. chelsel

    Joined: Dec 1969

    +1

    It's all about the software now!

    Hopefully this one doesn't use that same god awful interface that the other product uses.

  1. KanMac

    Joined: Dec 1969

    +1

    More iPhone sales ...

    coming. Just think of all the new iPhone sales going to those people who sell certain items on the street corners, alleys, etc. They'll accept credit cards for what ever transaction they are involved in.

  1. Fast iBook

    Joined: Dec 1969

    +1

    Insane...

    This is insane. It opens up so many possibilities.

    - A

  1. EFT Specialist

    Joined: Dec 1969

    0

    Mobile is a game changer

    Mobile is the ultimate game changer right now. Its inevitable that this is going to boom harder than the dot com boom, and inevitably bust even harder.

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