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3 Features of the Best Mobile Card Reader

by Compare Card Processing Ltd Cheapest Card Machine for Your Business
Now that consumer trends are leaning towards cashless payments, being able to provide your clients with the option to pay for your goods and services through their credit card is crucial to maintaining profitability and capturing sales from clients who prefer credit over cash. The best mobile card reader for your business largely depends on the nature of your operations. Card readers are beneficial to modern businesses in more ways than enabling cashless transactions and saving you from lost revenue and customer dissatisfaction. In addition to expanding your client base, a credit card terminal legitimizes your business by accepting credit card payments, while increasing your clients’ trust, simplifying business processes, and at the same time reducing overheads.

Credit card readers come in all shapes and sizes, but the best mobile card reader is one that suits your operations the most. First, you want to evaluate the nature of your transactions. A hotel operation, for instance, will typically have a dedicated counter where guests can check-in and out. Here, a standard terminal will be good enough to meet clients’ needs. However, you are better off with a mobile card reader when running a less conventional type of business, such as a café or a pop-up shop so you can process transactions right where your clients are.

The best mobile card reader is one that has the right features to benefit your business. With the proliferation of newer EMV cards that feature chips and pins, for instance, your mobile card reader must have chip-and-swipe capabilities, so you can accept both credit cards that utilize magnetic strips and much newer EMV chipsets.

There are three features you should look into when searching for the best card reader, namely internal modems, GPRS or CDMA service, and virtual connection.

A traditional credit card terminal typically features an internal modem that connects to a phone line to communicate with merchant service providers. Wireless card readers, on the other hand, make use of GPRS or general packet radio service. In contrast, other units utilize CDMA or code division multiple access to transmit card information from the reader to the merchant service provider. Newer card reader types allow for virtual transactions via the internet or mobile phone connection to facilitate transactions.

About the Author:
Compare Card Processing Ltd offers a platform to compare card readers available in the UK and finding the cheapest card machine for your business, credit card terminal providers in the UK.



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Created on Jul 31st 2020 08:40. Viewed 314 times.

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