innerfence has developed an iPhone App called the Credit Card Terminal.  It is a thin application that acts as a front end and uses an Authorize.net Merchant account using the Authorize.net API over SSL. Looks pretty neat and a useful option for mobile acceptance of credit cards.

Looks like innerfence is a Authorize.net reseller, since you can use any authorize.net merchant account - I suggest you shop around the the best rates, theirs appear to be a little high.

I’ll put this in the "Why didn’t I think of that ?" category.

EDIT:  Check out this link to the innerfence blog where there is a video on the app, and its integration to another iPhone App - Ring It Up Point of Sale.

Possibly Related Posts (automatically generated):

1. ProcessAway - iPhone Credit Card Terminal
2. Justice: Hackers steal 40 million credit card numbers
3. Why is your company storing credit card numbers?
4. Dave & Busters got busted - Sniffed Credit Cards
5. Annoying Gift Card Policies