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Now, hardly a day passes out without new mobile application and a new data on mobile app store. Apple recently announce that its apps store offers near about 250,000 apps and have been downloading 6 billions times. Today, the smartphone offers variety of mobile applications based on social networks, Games applications, Business application and identifying unknown music. Apple recently announce the new iPhone application known as a Merchant Account. Now you can easily check credit cards and accept major credit cards like MasterCard, Visa, American Express and Discover card from your Mobile business. Its functions are similar to Credit Card Terminal :- -Valid :- Merchant account iPhone application provides us information regarding our account. It tell us whether it is valid or not. -Sale :- It tells us that are we having sufficient funds in our account and it also capture the sale. -Refund – Return funds to the customer for a returned item. -Void :- It deletes the sale when some you are encounter with a error. -Settle – Submit the day’s sales so that you receive payment in either an auto-batch or manual batch mode. - Perform Verifications :-It verify the address and the customer zip code to insure that it match. - Card Security Code :- It matches the first three digit security code of your card. -Capture additional optional information such as email (automatically emails your customer a copy of the transaction), phone number, first name, last name, address, city, state, invoice number, and description. Its provides great help to merchants as they can easily do business anywhere. Now they don't have to rely on a phone line or credit card processing machines. This fast and easy way to accept payments with your iPhone or iPod touch devices works in conjunction with a merchant account program. One should always select a right mobile application development company for its business.
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