The use of a POS system allows you to process sales in-store. A Payment gateway provides you with the ability to process payments for online sales. A mobile Payment Processing system allows you to bridge the gap between these two payment processing options. This ensures you are able to conduct business no matter what situation you are in.
Top Benefits of a Mobile Payment Processing System
A mobile payment processing system is a type of POS terminal that is small enough to fit in your pocket. This ensures you are able to process payments whether you are at your store, at a local sales event, or on the go. Aside from convenience, several benefits come with using this type of system.
1. They Are Easy to Use and Process Payments Fast
A mobile payment processing system is by far one of the easiest ways to accept payments in-person from customers. These systems are extremely easy to set up and use. There are minimal costs associated with hardware and virtually no learning curve. If you already have a phone, you simply set up the device, and you are good to go. The interface is similar to a conventional POS machine, allowing you to easily switch between the two whenever you need.
2. They Are Extremely Secure
Mobile payment processing systems are extremely secure. Adhering to the latest PCI compliance standards can provide you with peace of mind, knowing that each transaction is processed as securely as those processed on a desktop POS system. In addition, the mobile systems can process both contactless payments and EMV chip cards, which provide even more security.
3. They Integrate Easily With Several Payment Options
You can rely on your mobile payment processing system to process payments for customers who opt for other payment methods. These systems can process contactless cards, credit cards, and even virtual wallets, like Samsung Pay, Google Pay, and Apple Pay. This ensures that you can keep customers happy, no matter what method of payment they choose.
4. They Integrate With Other POS Management Tools
Mobile payment processing systems can be integrated with other types of payments. You have the ability to instantly record new sales to ensure your inventory is always up to date. They can automatically order new supplies when you are low in stock. They also provide detailed reports so that you can make more informed decisions regarding your business practices.
5. They Ensure Faster Checkouts for Customers
Speed is another key benefit that a mobile system provides. These systems enable you to check out customers from any location quickly. Customers have the option to receive either a printed receipt or to have it sent directly to their email address.
Contact 5-Star Processing Today
Our experts at 5-Star Processing are available to discuss the mobile payment processing system options available to meet your specific needs. We will review the benefits of a mobile payment system and help you determine which will work best for you. Contact us today at 888-253-9692 to get started.
