Are you tired of carrying cash or having to find an ATM every time you need to pay someone? Well, the good news is that you can now use your smartphone as a credit card reader! In this article, we will explore 10 ways to turn your smartphones into credit card readers.
Main Points:
- Using a mobile app and a card reader, you can accept credit card payments.
- You can swipe the customer’s card through the reader or manually enter the card details.
- Electronic receipts can be sent to your customers for verification and accounting purposes.
- Here are 10 popular credit card payment systems:
- Square Register: Offers a monthly flat rate and quick payment processing.
- PayPal Here: Allows funds to be deposited into your PayPal account within minutes.
- Payleven: Provides Chip & PIN device for added security.
- iZettle: Secure mobile payment service available in select countries.
- PayAnywhere: Offers a free credit card reader and wide smartphone support.
- Intuit GoPayment: Great for small businesses with multi-user support.
- VeriFone SAIL: Includes a comprehensive inventory management system.
- Swiff: Provides multi-factor authentication for enhanced security.
- PhoneSwipe: Links multiple card readers to a single merchant account for convenience.
- Groupon Payments: Offers low rates to Groupon merchants for credit card transactions.
FAQs:
1. How do I use my smartphone as a credit card reader?
To use your smartphone as a credit card reader, you need to download a mobile app and connect a card reader to your phone. You can then swipe the customer’s card through the reader or manually enter the card details to process the payment.
2. Are there any security measures in place to protect the transactions?
Yes, most of the credit card payment systems mentioned in this article have security measures in place to protect transactions. These include encryption of sensitive data, multi-factor authentication, and compliance with industry regulations.