ProcessAway turns iPhones into credit card terminals

TUSTIN, Calif. — Apple's best-selling iPhone can double as a credit card processing device, thanks to a new app called ProcessAway.

The software is made for an Apple iPhone or iPod Touch and works over any available network connection.

The software performs captures, authorizations, voids and credits. It utilizes multiple database tables for recording transactions and repeating sale information, such as order, shipping and customer info. There is also an option to add a gratuity to the final charge.

The current version of ProcessAway works only with the Authorize.net gateway. Currently under development are versions for NMI, PayLeap, and Chase Paymentech, along with a privately branded version for specific resellers.

ProcessAway for Authorize.net is available in Apple AppStore for $19.99.