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Guide to Mobile Credit Card Processing
Have you ever heard of phone swipe?
Phone swipe is a free app that enables businesses to take credit cards, debit card, or gift card payments with their iPhones, iPad, or Android smartphone.
Every phone swipe comes with a unique merchant account at North American Bancard. The account is individually designed to meet your business’ specific needs. With pay swipe you are give good service and support and they have competitive rates.
The credit card reader accessory that comes with the phone swipe can easily be attached to your mobile device. You will receive your credit card reader by mail after the approval of your account. Keying the payments in will also allow you to take payments without attaching the credit card reader accessory.
The credit card reader or your smartphone does not store credit card information in the phone swipe application. This increases the level of fraud protection already present in every North American Bancard merchant account.
Loading your phone swipe application onto your smartphone enables you to add inventory, include images, categories, enterinto your default tax rates or turning on GeoTax. GeoTax automatically calculates the right tax based on your location. Customers can set up their own tip rate or you can turn on or off the tipping function of the app.
An email receipt is automatically created by phone swipe after the purchase. What is included in the phone swipe receipt are pictures of the bought items, prices, inventory number and you can also view the location where you purchased these items. With this receipt, the customer’s mind is refreshed on his purchases and if he does not recognize the purchase and this helps charge backs to be cut down.
In real time, you can see the record of all your sales, and you can also see your most popular selling item and you can search for individual transactions. If you have more than one smartphone, it is possible to put all into one single merchant account. Even in your absence you can quickly see what is happening in your business, when an employee is the only one taking phone swipe payments far from where you are.
Mobile swipe will make a difference in your bottom line if you are a merchant who offer delivery, goes out on a job or sells items at flea markets, country fairs or craft fairs. Offering mobile payment options is indeed good for your business because as studies have shown your profit can increase by as much as thirty percent when customers will know that you offer a mobile payment option.
With phone swipe application you will get all the benefits of having our customers pay with their credit cards.
Cite: official site