Just a few decades ago, the idea of paying for something with a mobile phone was unheard of, let alone mobile credit card readers. Technology is upgrading fast, and as a business, you need to make sure you keep up with it to show your customers you are modern and dynamic. So, what is all the fuss about mobile card readers? Is it something your business needs? Let’s look into it here…
Here are the main 5 benefits of using mobile card readers for accepting online payments in your business:
1. Mobility
It almost goes without saying, but being able to take online payments via your mobile phone or tablet means you can accept card and online transactions from virtually anywhere. This is particularly handy if you don’t do business in just one place, for example, if you deliver products to your customers’ homes or if you sell at different markets throughout the month. Having the freedom to take card or mobile payments from wherever you go means you don’t have to deny anyone if they don’t have cash. Check out options for mobile credit card readers here.
2. Efficiency
With chip and tap technology, there’s no need for anybody (customer or seller) to waste time counting change back and forth. The computer does all of the mathematics for you! This also decreases the chance of human error – it is very unlikely there will be any discrepancies with sales when using this method. You can easily keep on top of your payments and instantly spot if any errors occur.
3. Analytics
Data is so valuable when it comes to understanding your business and its customers, as it is very telling when it comes to what works and what doesn’t. With intelligent mobile card readers, you get the benefit of having clear, easy-to-understand analytics-based reports. This can help you to manage your customers, employees and inventory.
4. Professionalism
Say a customer has been debating different items to buy from you, they finally decide and come to you for payment, only to realise you don’t accept card payments, but they don’t have cash. They’re not only going to be disappointed but their opinion of your business will be impacted. If you don’t offer customers different payment methods, you’re missing a trick. As well as this, being able to take payments via your mobile or tablet projects an image of professionalism, as it shows that you’re keeping up-to-date with technology that will benefit your business and your customers.
5. Hygiene
What with the recent COVID-19 pandemic dominating the world, hygiene is at the forefront of everyone’s mind. People are using homemade hand sanitizer to keep the hands germ free. Increasingly fewer people are carrying cash due to this, as well as advancements in technology. Card payments are seen as safer as they are contact-free as you don’t exchange anything physically, unlike with cash. This makes card transactions the preferable option for a lot of people, now more than ever. With advanced card readers, you get wireless mode of operation, so you do not even have to press the buttons of machine. This reduces probability of human contact
Summary: Benefits of Mobile Card Readers
So, there you have it. If your business hasn’t yet got a way to accept card payments, then this is the time to do so! Mobile credit card processing really could take your business to the next level, we recommend you give it a go. In this world of online market, people are preferring online and mobile transactions over the traditional way. Your business may lag the competition if you hesitate to cope up with the changing scenario of industry.
