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IPay POS Credit Card Terminal, the new version of the mobile-payment acceptance application called ProcessAway, now works with multiple gateways and comes with a card reader to accommodate card-present transactions, according to Randy Palermo, who developed the application that works on Apple Inc.'s iPhone.
Rapadev LLC, Palermo's Tustin, Calif.-based firm, released iPay POS July 28. ProcessAway launched last year (see story).
Previously, merchants had to choose a ProcessAway version based on the online payment gateway they used,...