Cloud accounting and small business finance tool maker Wave has released a new iOS application that accepts credit card payments on the go.

Payments by Wave for iOS integrates with the full Wave system of small business software, allowing small business owners to process credit card payments, record cash payments, and issue receipts, all from their mobile devices. Accounting is updated as soon as the credit card is processed or the cash is received. Users can also accept all major credit cards for 30 cents plus 2.9 percent per payment.

“With Payments by Wave now available for iOS, not only can small business owners get paid on the spot, but the extra record-keeping steps are automatically taken care of for them,” said Wave chief executive Kirk Simpson. “The work we do at Wave is about leveraging that technology to remove roadblocks at the right price, and then getting out of a business’s way so they can hit the ground running.”

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