New Mobile Phone Credit Card Payments

The rise of smart phones has now led to an interesting new development in the world of credit card payments. With a large amount of UK internet traffic these days being down to smart phones a new app is being brought out by CreditCall to make online credit card and debit card payments faster but more importantly secure too.

These apps have already been released in America and Sweden with 'Square' and 'iZettle' and the new UK app released on 1st December will be called 'CardEase Mobile'. The mobile app will be available on tablet, Android and Blackberry devices and has been approved by all the biggest UK credit card companies like Visa, MasterCard and American Express. Unlike a few other new mobile phone payment apps this app is compliant with UK banking rules for both merchants and credit cardholders.

How will it work? The app will turn mobile phones into a card reader with the addition of a Bluetooth device so when you insert the chip of your credit card in and type your PIN the payment transaction will go through securely. The app will also provide a confirmation receipt of your payment via a text message or email to an account that you can access on your mobile. This means that businesses who want to make safe payments on the go can do as long as they have signal and a merchant account with one of Creditcall's partners. There is no risk of financial information being accessible on your smartphone as the data is encrypted so there are no worries if your phone is lost or stolen after a transaction.