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Karen Kingsley

Guide to Mobile Credit Card Processing

Collect your fees anywhere, any time

By Karen Kingsley, Boss, Kingsley Ink

On-site workers (i.e. plumbers and electricians) and those who sell through trade shows have a wide range of credit-card processing options for immediate sales and possible data capture. As wireless technology evolves, you need to consider carefully which method serves you best. Advantages of mobile commerce include:
  1. Improved cash flow.
  2. Secure credit and debit transactions in seconds.
  3. Reduced credit-card fraud and chargebacks.
  4. The ability to conduct business without phone lines.
Here are the most popular forms of mobile credit-card processing and some of the add-ons you may need.

Action Steps
The best contacts and resources to help you get it done


Get mobile point-of-sale terminals

POS terminals process credit or debit cards, work wirelessly or via dial-up and are secure. Some offer built-in printers and data capture options. POS terminals typically cost upwards of $1,000.
I recommend: Merchant Warehouse, Merchant Express and Windows for Devices offer a variety of options.

For the cheapest alternative, go with cell phones

Unless you process more than a few thousand dollars per month, cellphones may be the way to go. You can process payments with or without additional equipment. However, card-reader attachments, which cost a few hundred dollars, can help lower processing fees.
I recommend: Advanced Merchant Services offers card readers for cellphones.

For the most data capture, go with laptops

By attaching a credit-card reader to the USB port, a variety of software options can search, filter, sort, format, print or export data to other programs or computers. Print receipts on any plain paper printer. If Wi-Fi is unavailable, your laptop can store transactions until later.
I recommend: Merchant Equipment Store offers PC hardware and software.

For convenience, go with PDAs

PDAs like the Blackberry deliver the wireless accessibility of cellphones and the data control of PCs. They are a sensible alternative for those who need both convenience and the ability to manage and control data.
I recommend: Air Charge and ePay Wireless offer solutions for the Blackberry or Palm.

Open a merchant account

Most banks offer services, but most operate through other processors, which may make them slower or more expensive. Search for the most affordable provider for your needs, including mobile services.
I recommend: Thompson Merchant Services and Electronic Clearing House are major providers of merchant accounts. MerchantSeek offers a database of providers who issue merchant accounts.

Tips & Tactics
Helpful advice for making the most of this Guide

  • Check your cellphone or Wi-Fi range before selecting a payment method to ensure it covers your areas of operation.
  • If you run a seasonal business you may be dropped by your carrier for nonuse between seasons. Ask about this when choosing a payment option.
  • Avoid systems using Cellular Digital Packet Data (CDPD). They are reducing the coverage area and it is becoming an obsolete system.
  • If your customers need receipts, you will need a printer. Mobile printers cost around $200.
  • Give yourself time to set up these systems. It can be done quickly, but could take a couple of weeks.
  • Familiarize yourself with the fees being charged. This is a complex system and there may be hidden charges if you're not vigilant.

The official source of Mobile Credit Card Processing is
the Wireless Credit Card Processing page at Business.com

Wireless Credit Card Processing & Merchant Accounts
Best Service in the Industry - Guaranteed Lowest Costs on Wireless Credit Card Processing Services and Equipment. 80,000 Customers Can's Be Wrong!
Accept CC's | Wireless Machines | Get Started | Testimonials
www.MerchantWarehouse.com
Credit Card Processing
Free Quotes from Multiple Vendors Compare CC Processing Options
Credit.BuyerZone.com
Wireless Credit Card Processing Resources
Find Wireless Credit Card Processing. Search listings and reviews of retailers, specialists and services in your local area now.
JustClickLocal.com
Compare Wireless Credit Card Processing Providers
Submit one request to compare costs and options for wireless credit card processing from multiple providers. No obligation.
Get Quotes Now
www.AllOptions.com

Recommended Solution Providers

Electronic Clearing House: Online Virtual Terminal Service
Virtual terminal service for credit card processing.

Banc Certified Merchant Services: Moblie Merchant Accounts
Claims to offer the lowest rates for mobile merchant accounts.

GotMerchant: Wireless Merchant Products & Services
Process credit cards via touch tone phone, wireless phone swiping terminal, and wireless POS terminal machines.

MerchantSeek: Wireless Payment Processing
TouchPay mobile credit card processing a solution for businesses.

Bank of America: Mobile Credit Card Processing
Mobile credit card solution allows accepting payment anywhere.

VeriSign: Payment Services
Enables customers to transact securely online, offline, and over mobile devices.

Merchant Warehouse: Wireless Credit Card Processing
Wireless credit card processing for merchant accounts and tradeshow sales.

Merchant Express: Point of Sale Terminals
Mobile credit card processing options.

Vantage Card Services: Wireless Credit Card Processing
Solutions for mobile commerce merchants depending upon card transaction volume, cost factors, and coverage areas.

Thompson Merchant
Accepts payments in either a retail, online or mail/phone order environment.

Merchant Equip
Sells equipment used for processing transactions.

Advanced Merchant Services
Features cell phone credit card processing.

Best Sites to Learn More

InfoMerchant: Credit Card Processing Introduction
Step-by-step guide to accepting credit cards.

BuyerZone: Credit Card Terminals
Offers buying guides and request for quotes (RFQ) for credit card services.

AllOptions: Mobile Credit Card Processing
Find the best rates for mobile credit card processing when comparing merchant account providers.

Merchant Warehouse: Wireless Credit Card Processing Information
Wireless credit card processing for merchant accounts and tradeshow sales.

MerchantSeek: Wireless Payment Processing
Information on wireless credit card and debit card processing using a cell phone or PDA.

Best Blogs and Forums

Webmaster-Talk: Ecommerce Business Forum
Discussion forum on ecommerce and general business topics.

SEO Chat: E-Commerce Development Forums
Discuss payment processors, SSL implementation, chargeback problems, seasonal trends, shopping carts and membership to groups such as the BBB.

Breaking News Blog: Merchant Account Blog
Bringing the latest news, information, tips and insight on merchant accounts.



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