Guide to Mobile Credit Card Processing
How does phone swipe work?
Now, credit card, debit card, and gift card payments can be taken by simply using a mobile devices like iPhones, iPads, or Android smartphones using an application called phone swipe.
A merchant account at North American Bancard is associated with every phone swipe. 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.
Phone swipe comes with a free credit card reader accessory that attaches easily to the mobile device. After your account is approved, you credit card reader accessory is mailed to you. Without attaching the credit card reader accessory you can still receive payments by keying them in.
No credit card data is stored in the phone swipe application whether in the credit card reader or on your smartphone. The level of protection for every credit card user is increased since the phone swipe application does not store credit card data in either the credit card reader and the smart phone.
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. The right tax based on your location is automatically calculated by GeoTax. You can also turn on or off the tipping function or allow customers to set up their own tip rate.
When a customer has done purchasing an email receipt is automatically created by phone swipe. What the receipt includes are pictures of the item from your inventory, its price, inventory number and the option to view the location where the purchase took place. It helps cut down on charge backs because it allows the customer to check if he does not recognize the purchase.
The record of all your sales can be seen in real time, and what the most popular selling items is, and you can also look 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.
With mobile swipe you make a big difference with your bottom line whether you are a merchant who offers delivery, goes out of a job or sells items on flea markets, county fairs or craft fairs. If you offer a mobile payment option for your customers, it has been shown by studies that you can increase your profit by as much as thirty percent.
With phone swipe application you will get all the benefits of having our customers pay with their credit cards.
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