A business owner or employee can accept payments at anytime with a mobile credit card payment processor and an iPhone credit card reader. Accepting credit cards increases sales, but by using a mobile card reader a businesses sales would increase even more. Using a mobile credit card payment processor can be helpful if your business is not a brick and mortar establishment. Perhaps you provide services or goods directly to customers in their home. IPhone card readers all provide payment processing but they are not all the same and there are key elements to look for when purchasing your mobile payment processor.
The one-time cost associated with an iPhone credit card reader includes either a set up fee or the purchase of the card reader. Besides this one-time cost, there are ongoing charges. You may be charged a monthly service fee, or you may have to pay a per transaction fee. Paying a fee for every transaction can become very costly if you are processing many transactions per month. Therefore, it is best to calculate how many transactions you process monthly to determine if it would be a better deal for you to pay a monthly fee or a per transaction fee.
You want to look for an iPhone credit card reader that provides more than just payment processing. There are card readers that will allow you to capture customer signatures, calculate sales tax, email a receipt to your customer, and accept tips. You should also consider the safety your card reader provides your customers. Readers that use encryption, don’t save credit card information on your phone, and use password protection are best for ensuring your customer’s safety.
It is important to get a card reader that is compatible with a variety of mobile phones, in addition to the iPhone. This is especially important if you have employees that will need to use the card reader, but don’t have iPhones.
Processing credit card payments directly on your iPhone is secure, convenient and simple. Be sure to use these tips to purchase your next iPhone credit card reader and you are sure to be happy with your purchase.