Pay Anywhere Enhances its No Compromise Mobile Payment System for Apple and Android Users

TROY, Mich., Oct. 18, 2011 /PRNewswire/ -- North American Bancard (NAB) is further enhancing the services of Pay Anywhere, its "no compromise" mobile payment system, with the latest version of the Pay Anywhere app for Apple iOS and Google Android.

Starting today, users can download Version 1.4.1 and 1.4 on Apple and Android respectively to immediately take advantage of the new features, which include Cash Transactions, Discounts, Store and Forward, and Multimerchant.

In addition to accepting credit card payments, the latest version of Pay Anywhere provides its users with the option to accept and record cash transactions. Merchants can enter the amount tendered and calculate the change due. Pay Anywhere also gives merchants the option to include discounts for their sales. With this feature, users can choose to add discounts for sales by percent or by a specific dollar amount.

The new Store and Forward feature allows Pay Anywhere users the ability to save and process sales. If Internet connectivity is unavailable, merchants can still accept swiped credit card transactions to save and process at a later time.

The new Multimerchant feature is ideal for merchants who may have multiple businesses or multiple employees using one mobile device. A Pay Anywhere user can login a business account and an individual account within the same app, and easily switch from one account to another.

"Since Pay Anywhere launched, we've received a lot of great feedback from our merchants by phone, email, social networks, and even in person," said Marc Gardner, NAB founder and president. "We wanted to show Pay Anywhere users that we listen – the new features and enhancements we are releasing are directly in response to merchant requests and the growing mobile payments market."

New and current Pay Anywhere users can download this feature-rich upgrade from either the App Store or the Android Market.

Since its inception, Pay Anywhere has outperformed its competition in the areas of both security and unmatched 24/7 customer service support, combined with affordability and a user-friendly application. In addition, Pay Anywhere is backed by NAB, an industry leader in credit card processing, which currently processes more than $1 billion in electronic transactions monthly for more than 125,000 merchants nationwide.

Pay Anywhere offers low transaction rates, a free merchant portal, no setup fees, no monthly service fees, and no monthly minimums are required. As the only "no compromise" mobile payment system, Pay Anywhere gets its merchants paid faster. Whereas other mobile payment systems may hold funds, Pay Anywhere customers will receive funding approximately two business days after the sale has been processed.

Getting started with a Pay Anywhere account is easy. Apple and Android users simply download the free app from the App Store or Android Market, respectively, and the appropriate free card reader device will be delivered directly to each customer. A mobile application for BlackBerry devices is coming soon. For more information or to get started with Pay Anywhere, visit www.payanywhere.com.

About North American Bancard

Headquartered in Troy, Michigan, North American Bancard is a multi-faceted payment solutions provider dedicated to providing the latest technology as well as committing to the highest service levels. As a registered MSP/ISO since 1992, North American Bancard provides its clients with a full suite of products and services including Credit, Debit, EBT, Check Conversion and Guarantee, ATM, Gift and Loyalty Cards and Online Payment Gateway solutions. NAB processes over $12 billion in electronic transactions annually for over 125,000 merchants nationwide.  For more information, visit www.nabancard.com.

SOURCE North American Bancard