Business & Finance Credit

Credit Card Payment Convenience With Mobile Phone Processing

A total of 6 billion people own mobile phones.
That means that 87% of the world's population has access to the convenient wonders that these mobile devices bring.
If you want your business to take advantage of this huge market, then what you need to do is to obtain mobile phone processing services for your customers who pay with their credit cards.
What is Mobile Phone Processing? Mobile Phone Processing is a service that allows you to accept credit card payments through your handy-dandy smart phone device.
Phone Processing works for most phones, such as iPhones, Android Devices, and Blackberrys, among many others.
This type of service allows you to accept most credit cards: Visa, MasterCard, American Express and Discover.
Things you should expect from your service provider Mobile Phone Processing is very simple to use, and there are many credit card processing companies that offer this fantastic service.
Should you decide to accept the services of an accredited provider, you need to make sure that they offer these basic features:
  • Virtual Terminal, Online Transaction Manager and In-App Transaction Manager
  • E-mail ready receipts
  • GPS Location Reporting
  • Service voiding function
  • Capture signature feature
  • Refund/credit capability
It would help if your provider has these additional services as well:
  • Immediate set-up and account activation.
    The faster the service is installed, the better.
    Some customers cannot wait!
  • Different funding options (24 hours or 48 hours).
  • Provision of mobile card reader, as needed (Some companies throw in this device for an additional charge).
  • 24/7 Customer Service should there be any problems with your transactions.
  • Competitive rates.
    Be on the lookout for hidden fees and charges.
How to obtain this service Acquiring a mobile phone processing service for your business is very easy.
You just need to download the program through portals such as the iTunes store or Android Market Place.
You then need to register your account and, voila! You can immediately use your phone as a means of accepting card payments.
How to use this service Just make sure your phone has a signal and you can transform it into a credit card payment terminal quickly.
You can either swipe the credit card or key in the card number.
Note that the former is cheaper than the latter.
Benefits of Mobile Phone Processing
  • It is relatively inexpensive.
    If you own a small company or if you are just starting up, then mobile phone processing is a cheap way for you to accept credit card payments.
    With this service you don't have to purchase an expensive credit card terminal.
    All you need is your phone and you can process credit card transactions right away.
  • It is easy to use.
    For some people, using a credit card terminal can be complicated.
    With mobile phone processing, you don't have to familiarize yourself with unfamiliar devices, since you know your phone like the back of your hand.
    This service is perfect for business owners who are not 'au fait' with computers and terminals.
  • You can accept card payments wherever you go.
    You don't have to bring your bulky laptop or wireless credit card terminal should you decide to complete transactions outside of your office.
    With mobile phone processing, your handy device allows you to accept card payments on the spot.
  • You can communicate with your customers easily.
    Since most phones are internet-ready, you can use your device to e-mail your customer's receipt or invoice right away.
Maximize your profits by being able to accept card payments whenever, wherever.
With Mobile Phone Processing, you'll always be ready to complete transactions for your valuable customers.

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