5 Reasons Why You Should Use a Mobile Credit Card Reader
The benefits of using a mobile credit card reader are numerous! Here are top 5 reasons why you should use one!
There are thousands and thousands of small businesses and organizations that don’t accept credit cards just because the merchant accounts, as well as, the terminals can be expensive. However, the new technology today can help reduce those cost and give an opportunity for everyone interested to use a credit card reader device. For construction-related businesses that depend on smartphones to complete daily tasks and conduct business, a mobile credit card reader is an affordable, simple, and great solution that allows and completes payments on the go.
A lot of businesses could benefit from this solution, however, most of them are worried about fulfilling compliance security needs and standards. Today, the secure options can eliminate those worries. The benefits of using a mobile credit card reader are numerous and in this article, we are going to present you the 5 most important reasons why you should use one!
1- It helps businesses to gather funds in just one swipe: The only thing that is worse than losing control and track of cash, checks or receipts is believe it or not, a bounced check. With using a mobile credit card reader, the payments post efficiently and quickly, meaning the company will receive the funds faster and never has to worry about money and cash flow ever again. Once the transaction is successful, you can email or text your buyers from the smartphone.
2- It can help you increase the company’s customer base: By taking credit, cash or check, the business has absolutely no limits on how they receive the payments. In other words, the customer can choose the payment they prefer which is really convenient. It signals to customers that the business wants to offer them flexibility and convenience. We can assure you that they will respect this comfort.
3- It is easy and affordable: After buying a high-quality mobile credit card reader and creating your own merchant account application, all payments can be taken immediately. Most of the mobile credit card solutions come with an app and a terminal that plug into the smartphone. You need to keep in mind that different products have different fee systems, however, the transaction fees are usually less than 3%, making it much cheaper than an in-office or traditional credit card device.
4- It adds validity to your business – If you are running a small business, we can assure you that this is the perfect solution for you. The mobile credit card readers are created to help small businesses create a powerful presence and attract customers with their safe and secure payment methods. Customers and shoppers feel companies are more secure and established when they accept credit cards.
5- It provides online details and records – The mobile credit card readers make managing the books simpler than ever. You will receive professional and accurate reports, as well as, regular online statements which are free of charge. All you have to do is log in to your merchant account.
This modern technology can help businesses and business owners such as plumbers, electricians, and contractors to simplify the collaboration with project partners, as well as, clients. In order to get the best product for your business, you need to find a brand that will offer transparency to avoid items that come with hidden fees or charge monthly. You need to choose a mobile credit card reader that charges for the transactions that you make and offers end-to-end encryption so you can protect your company’s, as well as, your buyers’ data.