Mobile credit card processing represents a unique niche in the market of transaction processing. Unlike online credit card processing or in-person transaction security, mobile payment processing has a number of specific qualities that require specialized services.
What is Mobile Payment Processing?
Before going into the details of mobile credit card processing, it is important to have a firm grip on the concept. Mobile payment processing refers to those transactions that exist in a wireless world.
One common example of this is mobile credit card machines. These machines do not plug in so that businessmen who travel to their customers can accept plastic payments. They are easy to use, with a swipe slot included and they even print receipts for easy signatures and record keeping.
Mobile payment processing can also refer to phone credit card processing. Mobile credit card processing for iPhone, for example, is an increasing trend in the business world and presents businesses with many opportunities that were previously impossible.
Mobile payment processing can benefit many different types of businesses, though these services tend to be more relevant to some than to others. Service providers that make a living by traveling to clients will find mobile credit card processing most effective. In the past, our mobile clientele have included:
• Taxi service providers
• Limousine service providers
• Builders and contractors
• Plumbers, electricians, landscapers, carpenters, cable guys and other in-home service providers
• Delivery drivers
• Trade show, craft fair, art festival or street-side vendors
The good thing about mobile payment processing is that there is not a whole lot of risk involved. The use of wireless and phone credit card processing devices makes it possible to complete plastic transactions in-person, eliminating the dangers associated with Card Not Present (CNP) transactions.
It is possible to have a successful business without mobile credit card processing services, but the potential for success is much higher when these services are secured. Cash and checks have not disappeared completely, but they are moving further away from the mainstream with every day that passes.
Whether you need credit card processing for iPhone or some other mobile device, we can help set up the services that are ideal for your needs. We look forward to collaborating with you to achieve mutual benefit, so contact us to learn more about what we can do to help you succeed!