11th November 2009
The Latest Options For Mobile Credit Card Processing
Technology and the credit card processing industry have finally given us the options that we need to process cards in all situations and environments.
Technology and the credit card processing industry have finally
given us the options that we need to process cards in all situations
and environments. Mobile credit card processing has been largely
ignored for a couple of decades, but in the last few years it has
become a more viable option.
Unfortunately, even though this type
of processing was possible, the equipment required to perform this
function was typically outdated, and almost always very bulky. Often,
they failed to work properly, if at all, when we needed them to work
the most. Business owners lost countless dollars in lost sales, even if
they had done everything that they could to accept credit cards outside
of their place of business.
Today, we have much better, more
reliable options available to us when it comes to mobile credit card
processing. Not only are there devices available that are small and
lightweight - yet still full featured, but we can also accept credit
cards using our mobile phones and blackberries. Often the same
companies that sell terminals for mobile use will also sell software
that can be used in place of a terminal, and the software can be
downloaded using your mobile phones web browser.
Of course, you
must consider the fees charged by your mobile phone company for
processing orders. The orders are still processed through your
processing company, but your phone company will charge your normal
rates for connecting you to the processing company via your mobile
phone. If you expect a lot of business, you want a mobile phone plan
that can cover your processing needs as well.
There are two
drawbacks to using phones and blackberries for mobile credit card
processing. The first drawback is that your customers cannot swipe
their cards. They must hand you their cards, and you must enter their
information. Some customers may balk at this, since they are not sure
that their information is safe if it is being transmitted over a mobile
phone. The information is safe because the highest standard of
encryption is used - but your customers may not trust this.
second drawback to using mobile phones and blackberries is that
depending on the capabilities of the mobile phone and the software, you
may not be able to store the information for later transmission - known
as store and forward. If you are in an area where you are not getting a
good signal from your mobile phone service carrier, this could be a
problem. You must also consider the fact that you typically cannot
print out a receipt from a phone or blackberry.
With all of that
said, however, in some situations, the use of mobile phones and
blackberries to process credit cards is a viable solution. If it isn't
right for your business, however, there is still a wide array of
options available to you for Mobile Credit Card Processing. You need to
work with a company that offers a variety of options, and a sales
representative that is has a great deal of knowledge concerning those