The new features added to iOS7 and the fingerprint recognition technology available on the latest iPhone have lots of people talking about the security of their devices and thinking about how to best protect the sensitive data most of us have stored on our phones and tablets. PayAnywhere knows our merchant customers care about the security of their transaction data, and we've taken steps to help ensure it's safe and secure.
PayAnywhere merchants can select a PIN entry option that allows them to choose their preferred level of security or disable the security options all together. For those familiar with the password lock option on Apple devices, PayAnywhere offers a similar PIN timeout capability that allows merchants to set the amount of time needed for their devices to remain inactive before their PIN must be re-entered. The PIN lock system helps merchants feel safe, secure and in control when conducting transactions from their iPad, iPhone, iPod touch, Android or BlackBerry devices. The PayAnywhere App, with its end-to-end encryption, provides the security assurance merchants want so they can stay focused on their business. For merchants looking to stay on top of their recent transaction reports, PayAnywhere has introduced an even more detailed reporting feature. Merchants using the PayAnywhere app can head to the Reports tab and tap on the orange arrow located on the screen. From there, a summary of all transactions from a specific day, week, month or year will drop down for the merchant's viewing pleasure. Having the ability to view detailed summary listings for a time period of the merchant's choosing helps them stay organized and prevent any mistakes.
Safe and secure, PayAnywhere offers merchants the lowest per swipe transaction rate in the industry, at just 2.69%, along with next day funding for all card types. PayAnywhere also adheres to the strictest Payment Card Industry (PCI) security standards and best practices, and is committed to not only safeguarding customers' data, but also protecting the information of merchants' customers. Equipped with PayAnywhere, merchants everywhere can breathe a sigh of relief knowing all their transactions are safe and secure.