There are so many decisions to be made as the owner of a small or medium business. From hiring and training employees to signing their paychecks and addressing customer concerns, your hands are probably full around the clock. There are many other aspects of the company, however, that must be attended to, like determining what types of payment you are going to accept. Let’s explore the top three reasons your business needs to accept mobile credit card payments.
What Are Mobile Credit Card Payments?
When you accept mobile credit card payments, this means you are providing a convenient service to your customers that allows them to pay with a credit card without having to use the traditional credit card processing unit. Instead, the transaction can be completed using a mobile device, like a smartphone or tablet.
Serving Customers on the Go
One of the top reasons to accept mobile credit card payments is that you can serve your customers on the go. This is particularly advantageous for companies that conduct business outside of their brick-and-mortar locations.
For example, if you are having a client meeting and the customer decides he wants to make a purchase from you, you can use a mobile credit card processing tool to accept the payment. This not only helps you garner the payment in a quick and efficient manner, but it also provides ultimate convenience to the client; this translates into a superior customer experience.
Mobile Credit Card Processing Is Simple
You don’t have to be a tech guru to accept mobile credit card payments. Many credit card processing companies that offer this type of service will provide you with a small card reader that attaches to your phone, tablet, or laptop. Once attached, a program will open that instructs you to run the credit card through the card reader. Upon acceptance of the payment, you will be given the option to print, email, or text the receipt to the customer.
You Can Increase Your Revenue
Think of all the times a client has wanted to make a purchase, but you haven’t been at the store. Let’s say you own a restaurant and you run into a customer at the grocery store and she says, “I really wanted to stop by today and put in a catering request.” You can say, “I happen to have an easy way for you to pay for catering right now. You can pay now and I’ll put in your order when I return to the restaurant this evening. There’s no need to even come into the store.”
Providing your customers with this type of convenience is an effective way to leave a lasting impression. More so, it increases your revenue potential.
In today’s society, convenience is at the core of a good customer experience. With mobile credit card payments, you are showing your customers that you are invested in making their lives easier. These payments increase your revenue potential and expand your brand awareness.