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A new application has been developed that enables an Apple "iPhone" or "iPod Touch" to become a credit card terminal for five million users. The new "ProcessAway" API utilizes the Authorize.net gateway. The Authorize.net merchant account used with "ProcessAway" includes an option to download transactions into "Quickbooks" and also a comprehensive "Virtual Terminal." The "ProcessAway" software will be sold through the iTunes AppStore for $19.99. A fully functional free version, called "ProcessLite," is identical to "ProcessAway" except the charge amount is limited. Both "ProcessAway" and "ProcessLite" will appear in the AppStore this week. For more information visit: http://processaway.net/
