Wireless Merchant Account Solutions
It's getting to be a mobile world. Everything is wireless or is going that way.
Now it is possible to have a wireless merchant account so that you are enabled to have credit card processing functionality mobile in your shop, office or on the road.
In the same way that you roam with your mobile phone you can now do it with your wireless merchant account functionality.
The credit card machine you operate can now be used to take your business to your customers.
This of course is a godsend for people whose business is mobile such as plumbers, taxicab services, mobile tire replacement and a whole host of other applications who have need of a wireless merchant account.
This should open up a whole new market of customers who for one reason or another never seem to have enough cash on them. Your wireless merchant account and credit card reader will enable you to tap in to this new market.
As far as the practicalities go you need to invest in a wireless credit card machine like the LinkPoint 9100. You swipe the customer's credit card into the credit card processing machine and the machine will carry out the transaction in real time.
Once the credit card processing machine receives authorization it will print out a receipt for the customer to sign.
Note you can get more sophisticated here by getting customers to use their debit card and make use of the built in pin code pad.
This is a great bit of extra protection against card fraud that has proven to be very successful in France and is now implemented in the U.K. too.
A major benefit of using a mobile credit card machine with your wireless merchant account is that you will qualify for lower transaction rate because the card is swiped as opposed to presenting your bank with just the usual credit card slip.
This is seen as being more secure and your wireless merchant account provider should reward you financially.
Another benefit of going wireless is that it helps prevent chargebacks from your merchant account provider. This is because the transaction has actually taken place using the usual authorization procedures and protocols your wireless merchant account provider uses on their normal accounts.
In addition, you will have the receipt signed by your customer to help fight the chargeback procedure.
Mobile credit card processing is here now and you need to identify the business opportunities that you are missing by implementing and using a wireless merchant account solution.
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