First True “No Compromise” App Brings Affordability, Simplicity and Peace-of-Mind to Mobile Payment Market

Troy, Mich. – No payment system is as simple as swiping a credit card. Consumers expect it and businesses prefer it. And now, Pay Anywhere from North American Bancard (NAB) allows anyone to take advantage of that simplicity to sell anything, anywhere – with no monthly or equipment fees.

NAB, an industry leader in credit card processing, today announced the launch of its Pay Anywhere ( mobile payment application, which allows users to process credit card payments via mobile devices. NAB currently processes more than $10 billion in electronic transactions annually for more than 100,000 merchants nationwide.

“Until now people have had to compromise when picking a mobile payment option. While some are flashy and free, they can lack critical financial and security resources on the back-end. Others offer the reliability many consumers want, but are cost-prohibitive,” said Marc Gardner, NAB founder and president.

“Pay Anywhere is the first to offer the best of both worlds – superior hardware and technology, ease-of-use, an affordable pay-as-you-go platform and the peace-of-mind that comes with NAB’s nearly 20 years of credit card processing experience.”

Features and highlights of Pay Anywhere include:

Free software and hardware The Pay Anywhere application is free from Apple’s App Store. Upon approval of a merchant account, the card reader accessory – a $149.95 retail value – also will be given to users free. The card reader is included so that users can swipe cards to receive lower transaction rates. Other comparable card readers are being sold from $75 to $195.

Dependability and Security Unlike other products on the market, Pay Anywhere users and their customers can swipe with confidence, knowing the application is backed by 24/7 support, NAB’s 400-person staff and nearly 20 years of credit card processing experience. Pay Anywhere uses the highest available level of encryption and the strictest standards of payment card industry security.

Affordability With Pay Anywhere, there are: 

  • No setup fees
  • No application fees
  • No monthly service fees
  • No cancellation fees at any time
  • No monthly minimums required Pay Anywhere charges a flat fee of 19 cents per transaction, and 2.69 percent and 3.49 percent in service costs for swiped and keyed entries, respectively.

Convenience The Pay Anywhere application is currently available for Apple iPhone 3G, 3GS and 4 users, as well as the Apple iPad and iPod Touch, and will soon be available for Android and BlackBerry mobile customers. The card reader accessory is currently available for iPhone 3G and 3GS, with an audio jack accessory for iPhone 4, the iPad and iPod Touch coming soon. Pay Anywhere accepts all major credit cards.

Ease & Ability The free Pay Anywhere app can easily be set up in a matter of minutes and offers a user-friendly interface with an impressive set of features. Pay Anywhere users can set default tax and tip percentages, inventory and categorize items and services, take advantage of real-time sales tracking and reporting and “go green” with custom e-mail receipts.

“We want Pay Anywhere users to be confident every time they sell a product or service or pay for one, so we made the same NAB professional resources and expertise that our business customers receive accessible to everyone,” continued Gardner. “In addition to the free app and free reader, Pay Anywhere merchants will only pay when they use the service. If their business is seasonal and they process transactions only three months of the year, they pay nothing for the other nine months.”

Getting started with a Pay Anywhere account is easy. iPhone, iPad and iPod Touch users download the free app from the App Store, set up a merchant account with NAB and a free card reader device, where applicable, is delivered directly to each customer. For more information on Pay Anywhere or to get started, interested users can visit

About North American Bancard

Headquartered in Troy, Michigan, North American Bancard is a multi-faceted payment solutions provider dedicated to providing the latest technology at the highest service levels. As a registered MSP/ISO since 1992, North American Bancard provides its clients with a full suite of products and services including credit, debit, EBT, check conversion and guarantee, ATM, gift and loyalty cards and online payment gateway solutions. NAB processes over $10 billion in electronic transactions annually for over 100,000 merchants nationwide. For more information, visit