Electronic Merchant Systems (EMS), a Cleveland, Ohio-based payment processor, is taking steps to illustrate why small businesses should invest in mobile credit card readers. As part of this initiative, the company shared a lot of information about the contactless payment trend in a recent blog post. This article also includes a guide on how merchants and small businesses can accept credit and debit card payments directly through their mobile devices (and the benefits of this approach). EMS has helped thousands of local businesses update their merchant services and grow, and continues to do so with great enthusiasm. Learn more here: https://www.emscorporate.com/news/should-you-invest-in-a-mobile-card-reader.
With COVID-19 still around, many have switched to contactless payments to protect themselves. Besides security, however, it is also convenient to pay for daily purchases via a mobile device. Apps like Google Pay or Apple Pay offer customers a contactless way to purchase products, and a business needs to start accepting mobile payments to meet this demand. For this, a business will need a mobile card reader. Credit and debit cards can be easily accepted by customers online or in person, using a variety of methods. If a business accepts payments without a credit card machine, they can find a range of platforms to accept payments.
The main advantage of mobile credit card processing is that it allows merchants to accept credit card payments almost anywhere, as long as they have a smartphone or tablet. This payment option is especially important for a business if it attends trade shows, conferences, or other offsite events, or offers mobile services. The blog examines a few methods in detail, looking to help businesses find the option that’s right for them.
A mobile credit card reader is a point-of-sale system with a device that allows merchants to accept card payments on their phone. There are several types of credit card readers, including credit card readers, EMV readers, and NFC readers. Credit cards were originally designed for payment using a credit card reader that uses Magstripe technology to accept magnetic stripe payments. Although these machines are small and portable, they are quickly becoming obsolete as they are the least secure type of mobile card reader on the market. EMV readers read the chip embedded in cards and were designed as an alternative to Magstripe technology for card readers. NFC, or Near Field Communication, readers support wireless payment, and this option can help transmit payment information over short distances.
People with smartphones can use mobile wallet payment apps, including Google Pay or Apple Pay, to transmit mobile payments or payments from NFC-enabled cards. As with EMV technology, this payment system is highly secure. Getting started with a mobile payment setup requires business owners to have a compatible mobile phone and choose the right credit card processing company, which can be difficult if they’re new to the business. Factors such as compatibility, pricing, an efficient application process, and high approval rates for businesses all need to be considered, along with data security. Electronic Merchant Systems recommends looking for a company that offers enhanced security features and has Level 1 PCI certification.
Electronic Merchant Systems Vice President of Sales, Bill Felberg, said, “Smartphone use has become a central part of everyone’s daily life. This has led to a recent surge in more and more customers using cashless payment methods, which forces business owners to keep up to date with different payment methods. So it’s no surprise that many are interested in processing credit card payments on smartphones, especially if their business serves a lot of online customers. With the help of EMS, you can make this process very easy for yourself.
The blog post explains why businesses can benefit from mobile payments. As people carry less cash in the digital age, mobile processing allows businesses to accept credit cards from anywhere. For example, this is a particularly important advantage for the service industry, such as landscaping or even plumbing or electrical work, since they can accept payments from customers on the job site. Food trucks can also accept payments on the go, and if the business has space at craft shows or trade shows, they can accept cashless payments without unnecessary hassle.
Those interested in learning more about Electronic Merchant Systems and the services they provide can visit the company’s website or social media pages. For more information, they can also contact the company via the portal on their website. Alternatively, they can call or email company agents.
For more information about Electronic Merchant Systems, contact the company here:
Electronic merchant systems
[email protected]250 W Huron Road #400
Cleveland, Ohio 44113