As technology rapidly changes, so do the ways that businesses and consumers view transactions. Once upon a time, sending invoices, cashing checks, and walking in payments were widely accepted forms of payment. Today, we live in a much faster-paced market place that prioritizes efficiency, convenience, and ease of use. This is especially true for less traditional businesses that have ditched the brick-and-mortar model. One of the ways that Provident Payments helps our clients better serve their customers is by setting them up with the right payment processing systems for their business. With the right tools, you’ll be able to start accepting payments on the go while never sacrificing on security or functionality.
What Do You Need to Accept Mobile Payments on the Go?
Accepting payments while you are on the go is quite simple. All you need are:
Once you have these 3 essential tools, you will be able to accept credit and debit payments on the go. This is extremely convenient for businesses that are mobile. Mobile payment processing is perfect for any business, especially food trucks, farmer’s markets, pop-up outlets, and even for your local bake sale. But how does it all work?
How Can I Accept Payments In The Field?
There are essentially three elements that come together to allow you to accept payments anywhere you go. The first is the mobile card reader. Mobile card readers are what allow you to accept contactless payments (like Apple Pay and Samsung Pay), swipe, or insert bank cards from your phone or tablet. These are increasingly more popular with business owners and they can be found everywhere from coffee shops to retail stores.
Mobile card readers attach to your phone, tablet, or Bluetooth-enabled device and allow your mobile device to register the payment. On your mobile device (phone or tablet), you will be able to run a POS app that will allow you to record payments, accept tips, and print receipts in real-time. This eliminates the need for checks, cash, invoices, and chasing customers down for weeks and months.
Finally, you will need to have a secure payment processor. A secure payment processor is a third party (like us) who handle transactions as a middle man between merchants and financial institutions. A secure payment processor will facilitate the transfer of funds to make sure that merchants are always paid on time with the best rates. Payment processors also make sure that your financial data, as well as your customer’s, are always secure so that you are not responsible for collecting their financial information.
How Can I Get Mobile Payments For My Business?
If you’re ready to accept payments on the go, contact Provident Payments to get everything you need. From card readers to POS systems and exceptional customer support, we make sure that our clients are prepared to handle payments now and in the future as they scale. Contact us today.