What is mobile credit card processing & how
does it work?
Mobile credit card processing is a type of credit card processing that allows
businesses to accept credit cards by using a mobile device, such as a
smartphone or tablet. This can be done either through an app or by using a
mobile credit card reader that plugs into the device.
Mobile credit card processing is convenient for businesses that want to take
credit cards but don't have a physical location, such as a pop-up shop or market
stall. It's also useful for businesses that want to be able to accept credit cards on
the go, such as delivery services or taxi companies.
To use mobile credit card processing, businesses first need to sign up for a
merchant account with a payment processor. This will usually involve providing
some basic business information, as well as documents such as a governmentissued photo ID and proof of address.
Next, businesses will need to choose a mobile credit card reader that is
compatible with their device. Some readers plug into the headphone jack of the
device, while others connect via Bluetooth or Wi-Fi.
Once they have a compatible credit card reader, businesses will need to
download the appropriate mobile app for their payment processor. This is where
they can enter all of the necessary details about their business and connect the
credit card reader.
Now that everything is set up, businesses can start processing payments by
simply swiping or tapping a customer's credit card on the mobile device. The
payment processor then processes the transaction, typically taking a small fee
for their services.
Overall, mobile credit card processing offers a convenient and affordable way for
businesses to accept payments on the go. If you're looking to set up a mobile
credit card processing system, be sure to work with an experienced payment
processor who can help you choose the right reader and app for your business.