Mobile Credit Card Processing
In today’s changing world, mobility is becoming more essential than ever before, especially for maximizing sales and profits for businesses. One of the most convenient and easy methods of transacting business remotely, is to use mobile credit card processing.
Mobile credit card processing is very similar to wireless processing with just a few small differences. It still affords the opportunity to complete credit card transactions from locations that are often far away from the home office or store, however it does not require the use of a POS system terminal. This type of processing utilizes a downloadable application for cell phones. This is often much more price effective, because no new equipment is required to make the application work. All reports, receipts and other data are accessible directly through the cell phone application and can be used anywhere that cell phone service is available.
Benefits of Mobile Credit Card Processing
Businesses of all types are finding the mobile credit card processing method easy to use and vital in providing the service necessary to fill consumer’s demand for speed and convenience. Whether you are a professional photographer on location at a shoot, a jewelry designer with a booth at a trade show, a motivational speaker on tour, or an art gallery representative at an auction, the mobile application for credit card processing allows you to complete transactions flawlessly and expediently. Some of the benefits this type of processing allows are:
- Real-Time Transactions: Credit or debit cards processed and approved or declined almost instantaneously.
- Higher Profit Margins: Customers are often turned off by companies that do not provide the option to use a credit card which results in lost sales and can be potentially damaging to the company’s public image.
- One Stop Shop: One piece of equipment does it all. Without the need for a separate POS terminal, the only additional cost involved is the per transaction fee in place by the processing company.
- Convenient: Business can be completed wherever there is a cell phone connection available.
Which Mobile Credit Card Processor is the Best?
Creditcardprocessing.tv is a unique review site that has been developed to assist merchants in determining which credit card processing company makes the best fit for their business. At the top of this page are our reviews of the three mobile credit card processing companies that ranked highest in their field. Our reviews are based on site uptime (the amount of time the system is up, running and available for use), fee schedule—including cancellation fees and per transaction fees, length of contract, and percentage rates.