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credit card processing

Mobile Credit Card Processing Technology Now Available

Mobile Credit Card ProcessingMobile credit card processing technology is an important add-on in the way you collect money from your clients.

Back in the Stone Age, people would barter and exchange value on the spot with goods that they possessed.

Then fast forward too not to long ago, there was cash. You’d offer a service or product and exchange it for paper money.

Today, we live in a world of plastic payments, which means if you can’t collect or make it easy for your customers to pay you through mobile credit card processing, then perhaps you’re losing out on some valuable sales.

In order to accept credit payments, you needed a merchant account from a bank provider and you had to have a minimum of sales per months plus monthly fees.

So how to accept credit cards, you ask? Well, I’ll get to that in a minute. With everything on the go, companies had to address the need for portable mobile credit card process by inventing a credit card swiper.

You can plug the credit card swiper directly into your smart phone allowing you to collect money on the fly. The cool thing is that the vendor has no monthly or little monthly cost with an approximate 2.7 % fee per transaction depending on the plan you chose.
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Mobile Credit Card Processing Companies

Sure the fees are a little higher than if you had a traditional machine in a store, but this mobile credit card processing service is pay as you go with no other commitments. If you make a sale you pay, if you don’t you don’t pay, it’s that simple.

All you have to do is sign up with a company that offers mobile credit card processing technology and they will send you the credit card swiper. It’s that simple. Now the difficult question is: “Who offers that?”

Well, my friend personally uses SquareUp.com for all his mobile credit card processing needs.

But like always, I’m a big fan of offering you more than one solution so you can find the company that works best for you. Therefore, here are four other companies that provide mobile credit card processing technology: Intuit.comIntuit.ca, PayAnywhere.com, Paypal.com and Verifone.com.

What about you, how can using mobile credit card processing technology help you in your business? Share your thoughts and comments down below.

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