Post Featured Image

3 Ways To Accept Mobile Credit Card Payments

Looking for a way to speed up payments on your completed projects? New technology has made it easier than ever to accept credit card payment in the field immediately upon completion of a job. All you need to do is choose and configure an app and equip your team’s iPhone or Android phones. Here are 3 apps you may want to look at to get you started.

Square
Square charges a flat fee per transaction with no monthly, annual, setup or chargeback fees. This option is great if you only plan on charging a small amount of transactions per month that don’t justify paying a monthly or annual fee for a lower transaction fee. Square’s app is easy to use and includes tracking for customer information and the ability to run sales reports on the fly.
Cost: 2.75% of transactions, no monthly fee
More Information

PayPal Here
PayPal is similar to Square as it is made to handle low-volume credit card transactions. It is easy to sign up for an account and is a widely accepted platform. This may make your customers feel more secure in knowing that you are using a well-known transaction system to process their credit card. PayPal can also be integrated with your website to accept payments online. PayPal also has the ability to generate reports and email receipts.
Cost: 2.75% of transactions, no monthly fee
More Information

Quickbooks GoPayment
Quickbooks GoPayment is ideal for businesses already using Quickbooks as their bookkeeping software of choice. The app syncs sales directly to both online and desktop versions. Their processing fee is lower than Paypal and Square, however, you may have to pay a monthly fee depending on how you are going to use the software.
Cost: 2.4% plus 25 cents per swipe, $0 - $20 monthly fee
More Information

Although fees can be a nuisance when accepting credit card payments, you must also take into account the amount of time you spend invoicing and processing other types of payments. Consider raising your prices slightly to cover the cost of credit card fees, you can always offer a discount for customers paying by check or cash. Have you personally had success or issues with mobile payments? Tell us about it at info@askautomatic.com.