First Data Corp. and VeriFone Systems, Inc., announced that First Data will offer its merchant clients VeriFone’s PAYware Mobile solution through its alliance partners.

VeriFone’s PAYware Mobile transforms a smartphone into a secure payment portal, providing a secure mobile platform to accept electronic payments, along with real-time reporting capabilities that include extensive transaction search. Using VeriFone’s VeriShield Total Protect, PAYware Mobile is tightly integrated with First Data’s security infrastructure to assure merchants and consumers they are paying over a secure mobile payment channel.

“With mobile devices becoming a main channel for how we transact and interact, we wanted to make it easier for merchants to maximize their mobile phone investment by turning it into a payment system,” said Bruce Dragt, SVP and division manager of payment acceptance, First Data.

To use PAYWare Mobile, merchants slip their smartphone into a special sleeve, so they can then swipe their customer’s card, capture a signature, electronically transmit the payment, and email the customer a receipt. PAYware Mobile is particularly designed for merchants that operate remotely, or on the go, such as home services and in-home sales, events and markets, limo and taxi services, or restaurant delivery, the company said.

Sovereign Merchant Services, an alliance between First Data Merchant Services and Sovereign Bank, is one of the alliance partners offering the solution. Based in the Northeast, Sovereign Bank is a subsidiary of Banco Santander, S.A.

“This solution is easy to implement, is compact and portable, and arms our clients with the ability to offer electronic payments to their customers from virtually anywhere without the need to carry additional point-of-sale equipment,” said Eduardo Tobon, Head of Santander’s U.S. Cards and Payments Division.

PAYware Mobile honors all forms of credit transactions processed as an online credit purchase and comes equipped with its own stylus for fast and secure signature captures.

http://www.firstdata.com/en_us/about-first-data/media/press-releases/07_14_11