Some types of businesses want the advantages of accepting card payments from their customers at their customer’s location. Mobile businesses are one of those types of business. A wireless account allows for more transactions to be paid by a credit or debit card. Some of the types of businesses that choose a wireless account include the following:
- Taxicab companies
- Limousine services
- Landscapers
- Carpet cleaning services
- Housecleaners
- Home repair businesses
- Plumbers
Service businesses benefit from the wireless merchant account because the costs may change once the employee get to the location to do the work. This eliminates the need to accept phone payments will be processed at a higher rate.
WIRELESS PAYMNET PROCESSING
With the wireless mobile credit card processing equipment, merchants can process the credit card transaction in real time. The equipment will print a receipt for the customer to sign. Some of the machines have a PIN pad so that debit cards can be used. Immediately the customer and the merchant know if the payment can be processed.
WITHOUT WIRELESS PAYMENT PROCESSING
In the past, the payment would have been made with a sliding credit card machine that makes an imprint of the card with its number or by check. For both of these methods, it could be days or weeks before finding out the transaction didn’t clear. The company would then be responsible for collecting the money.
SAVINGS WITH WIRELESS PAYMENT PROCESSING
The merchant who has a wireless payment option will qualify for a lower discount rate due to the card being present. There are fewer chargebacks and chargeback fees when a card is swiped
To find out more about different merchant accounts and equipment available for payment processing, contact the staff at Merchant Data Systems.
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