One
of the main reason I like the smartphone or tablet option is it can be used in-house
at storefront locations in addition to being used on-the-go. This method is very affordable and it gives a
business a way to test drive accepting credit cards with little or no upfront
investment. The only investment you
might have is your smartphone or tablet which many of you already have.
However,
if and when you decide to accept credit cards, you will need to choose your
credit card service provider carefully. For
instance, how important is a BBB rating to you? You probably have heard the saying that you never really know what you have purchased until you have a problem. The quality of the service is not the same for all credit card service providers. In addition, a few of the providers offer
live telephone support 24/7, and some of the providers offer no support at all,
or maybe email support. But when you
have a problem, you want service right then, not next week.
Another factor to consider is the amount of time it takes for your
funds to transfer. How soon your money
is made available to your bank will vary considerably from provider to
provider. Some providers have a
pay-as-you-go option, where you only incur a fee when you swipe a card. Some providers also offer the credit card
reader free. It’s important to get a
good fit at a competitive rate. There is
no one size fit all.
Recent
studies have also shown that credit card buyers normally make more impulse
purchases. When compared to cash buyers,
the amount of the transaction for credit card buyers is larger. In today’s society, it’s impossible to
operate your business competitively using trends and patterns that worked years
ago. To stay competitive it’s probably a
good idea to embrace the new technology available in today’s marketplace.
To learn about the phone swipe product Click Here!
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