Get Paid on the Go with Mobile Credit Card Readers

Your business is about making money. Collecting and processing all of that sweet dough can be a complicated business of its own. Thanks to credit card readers for mobile devices, your business now has more ways to collect for when you gotta get paid. These apps provide affordable options that make collecting money easy.

Having a credit card reader for your mobile device will be much appreciated by customers who prefer to pay with credit or debit cards. This will also allow you to collect payments on the go while at trade shows or on a service call. There are dozens of different mobile credit card readers on the market; each one comes with its own set of strengths and weaknesses. Before committing your business to one mobile credit card reader, you will first want to shop around to find the app that best fits the needs of your business. We will help get you started by highlighting the four of the most popular free credit card readers.

Square

• Cost per swipe transaction: 2.75%
• Cost per non swipe transaction: 15¢ + 3.5%
• Setup Fee/Monthly Charge: Free/Free

Able to fit snuggly inside your wallet, the Square reader is the size of a book of matches, making it the smallest reader available. The Square adapter is secure and plugs into the audio jack of any iOS or Android device, and works with a free app called Register. Square syncs with your bank account, this allows you to quickly access your money. Anybody who hates waiting till the end of the business day to collect their cash will love how fast Square will make their money available for withdrawal.

Pay Anywhere

• Cost per swipe transaction: 2.69%
• Cost per non swipe transaction: 19¢ + 3.49%
• Setup Fee/Monthly Charge: Free/Free

The good people at North American Bancard bring you Pay Anywhere. The Pay Anywhere mobile credit card reader has a slightly lower-than-normal credit card swipe transaction fee, this makes Pay Anywhere a great option for any business that handles a lot of retail transactions. The Pay Anywhere reader device can attach to the top of your Android or iOS, and even comes with multiple designs to best fit the look of your business.

Intuit GoPayment
Intuit has a history of making great financial software with products like Turbo Tax. Intuit's new GoPayment mobile credit card processor shakes thing up by giving users two options for transaction fees. The second option works out especially well for any business that does a lot of credit card swipes using a mobile device.

Option 1

• Cost per swipe transaction: 2.75%
• Cost per non swipe transaction: 3.75%
• Setup Fee/Monthly Charge: Free/Free

Option 2

• Cost per swipe transaction: 1.75%
• Cost per non swipe transaction: 2.75%
• Setup Fee/Monthly Charge: Free/$12.95

PayPal Here
Businesses who have an active PayPal account will be most interested in PayPal Here because it will allow you to access your funds within minutes of a transaction. The PayPal Here app also has a unique feature that will let you process checks with your Android and iOS mobile devices.

• Cost per swipe transaction: 2.7%
• Cost per non swipe transaction: 15¢ + 3.5%
• Setup Fee/Monthly Charge: Free/Free

All four of these mobile credit card readers accept MasterCard, American Express, Visa, and Discover cards. These are the four popular free readers, but it is worth it shop around for other readers. This is because more financial companies are coming out with their own mobile card readers, and every company has different promotional deals and rates to differentiate themselves from the competition.

Mobile credit card readers are one of the newest mobile technologies that make doing business from your mobile device more convenient. To learn more about new software solutions that will improve the way you do business, call Computerware at (703) 821-8200.