The development of mobile credit card processing establishes a cost effective mechanism for any business to expand its reach. As this technology matures the solutions that are available for mobile credit card processing are more abundant, simpler and faster than ever. Is a mobile processing solution right for your business?
As more merchants adopt mobile technology it’s easy to argue its influence on simplifying sales. A mobile credit card processing solution can be used to transact sales from anywhere a cell phone can be used. This produces an environment in which revenue can be generated virtually anywhere. A mobile processing solution augments your payment acceptance options weather you have a retail store, ecommerce site or mobile sales organization. Here are the top questions to ask yourself as mobile processing solutions become more affordable and available.
Top questions to ask
- What do my customers expect? If I don’t have the ability to accept a credit card will that cost me a sale?
- Are there sales opportunities outside of my traditional sales channel? If so, how do I reduce my risk of fraud, prevent losses and lower my processing costs?
- Do I own a smart phone or tablet and would it be convenient if it were a credit card terminal?
- Would it benefit my business to have more customer information such as phone, email and address?
If you answered yes to even a small portion of these questions than a mobile credit card processing solution is a good fit. The convenience of having a payment processing solution tied to your iPhone, iPad, Android phone or tablet makes any situation a revenue generating opportunity. This technology is how contractors, inspectors, delivery services, caterers, therapists, etc. are turning handshakes into income.