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Guide to Mobile Credit Card Processing

Have you ever heard of phone swipe?

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. You can meet your business’ specific needs with the individually designed accounts. 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 which is easy to use because you can simply attach it to your mobile device. Upon the approval of your account, your will receive you free credit card reader accessory by mail. Keying the payments in will also allow you to take payments without attaching the credit card reader accessory.

No credit card data is stored in the phone swipe application whether in the credit card reader or on your smartphone. Every North American Bancard merchant account has fraud protection in their account, but when the phone swipe application do not store credit card information, this increases the level of fraud protection.

When you load your phone swipe application onto your smartphone, you can easily add inventory, include images, categories, enter into your default tax rates or turn on GeoTax. The right tax based on your location is automatically calculated by GeoTax. Customers can set up their own tip rate or you can turn on or off the tipping function of the app.

Phone swipe automatically creates an email receipt 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. It helps cut down on charge backs because it allows the customer to check if he does not recognize the purchase.

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. Linking all your mobile devices to one single merchant account is possible. With these features, you can quickly see what is happening in your business, even if only your employees are taking phone swipe payments miles from where you are.

If you delivery good to your customers, go out on a job, or sell items at flea markets, country fairs or craft fairs, then a big difference will be made on your bottom line with mobile swipe. 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 all its benefits, businesses should start thinking of using the phone swipe application for more convenience.