Nowadays, it seems like we do everything with our phones. If you own a small business or sell merchandise, you might be wondering how you can use your phone to accept credit card payments. Well, you’re in luck because today it’s easier than ever to accept credit card payments with your phone.
Why use mobile credit card processing?
There are many reasons you might want to set up payment processing on your phone. Maybe you own a food truck or sell at arts and crafts conventions, and need to be able to easily accept credit card payments on the go. Or maybe you’re in direct sales or another mobile business and want to offer non-cash options to your customers.
Either way, being able to process credit cards using your phone is invaluable to any small business. More and more, consumers are leaning toward card payments and away from cash on hand. Mobile payment processing can open up a world of income for you and your business.
How do I accept payments with my phone?
In order to receive credit card payments through your phone, you will need a credit card reader. The reader will attach to your phone and allow you to swipe customers’ cards to easily get their information. There are many choices out there, but a great option is to get this credit card reader for your phone.
After you swipe the card, you will then need a payment service provider to complete the transaction. This service will check with the customer’s bank to approve the payment and transfer the funds to your account if the payment is approved. If not, the sale will be declined.
And then voila! You’ve just made a sale and used your phone to accept credit card payments. How easy was that?
Other things to consider
You’ll want to do your research and check out the different fees and terms that the various payment service providers offer. Low fees are great, but also make sure you’re able to get all the services that you need for your specific business.
You can also look into setting up a merchant account, which is another way to accept credit card payments. However, using a payment service provider is often easier if you’re just starting out.
Your options for payment processing tools and software are endless, but make sure you use the best. Get this credit card reader for your phone to start accepting payments quickly and easily today.