Archive

Posts Tagged ‘credit card processing’

Plastic Card Swiper Provides Several Benefits for Small-scale Businesses

March 18th, 2011 No comments

A credit card swiper can offer benefits for various forms of small establishments. It is easy to observe that much more purchases might be accepted because of the decreased processing time with the corresponding benefit of more sales and increased income. An additional advantage is mobile credit card processing, meaning that the entrepreneur may accept bank cards in any area. He may be in a church bazaar, seminar, mall kiosk, conference, flea market, fair, farmers’ market, or trade show. He may also be providing some type of service, including taxi service or house cleaning service. Mobile processing is possible if the card swiper is handheld and will easily be connected into notebook via a USB port.

A mobile credit card swiper gadget performs in a similar way as the tools utilized in a variety of business establishments. It has a magnetic strip which scans the info, like name, card number, location, and the card’s expiration date, that are contained in the magnetic strip of the card. Essentially, you are converting the notebook computer into a point of sale (POS) appliance. Wireless credit card processing is also achievable whenever Internet access is made by way of Wi-Fi so that business transactions can be achieved around the globe so long as a link to the Internet can be established to ensure that payments could be received even while you are in a moving car.

At the same time, sellers may choose to utilize PayPal credit card processing because of the flat fee which is offered. Typical credit card processing firms may offer low fees but these are only applied for specific transactions that are definitely not typical. For the usual purchases, they oftentimes apply higher prices so that the effective rates can be bigger when compared to the flat fee utilized with the PayPal system.

Previously, business enterprises had to input the card details by hand if they wanted make use of the PayPal processing system. In essence, a virtual terminal is being applied rather than a real card swiper. However, this is time-consuming and there is a strong possibility of errors in the entry of the data. Luckily, bank card swiping equipment have been developed to permit convenient and quick POS transactions wherever you are provided that there is Internet access. The additional advantage is that PayPal processing is allowed so that the conventional processing firms with greater transaction charges may be avoided. Using this system, the only cost is for the purchase of the swiping device. There are no other
 charges, such as statement costs or rents for terminals. Read more at http://www.usbswiper.com