What is a mobile merchant account?
Why does Mobile Merchant Account Matter?
According to the Federal Reserve, more than 174 billion non-cash payments were made in the U.S. in 2018. Of those 174 billion non-cash payments, 75% (131,2 billion) were made by debit, credit, or pre-paid card. There are many opposing opinions about what it means for us to become a cashless society.
Thereafter, some think it’s progress, others think it’s a decline. But whatever your opinion on it may be, the fact remains that in order to grow. Furthermore, your business needs to be able to process various card payments. With a mobile merchant account, give your customers an easy and convenient way to pay at the Point of Sale. It can be done without having to buy and set up expensive equipment.
How Does Mobile Merchant Account Seem Difficult?
While many businesses have adopted mobile payment solutions as an additional way for customers to pay at the cash register. Having a mobile merchant account can do much more than that for you. Instead of having customers line up in a queue to pay at one physical check-out point. Also, you can set up multiple mobile check-outs. If you run a traditional retail store, you can have sales staff processing payments. Process payments wherever the customer happens to be in the store.
If you run a restaurant or a café, your waiters can process payments at the table when you have a reliable payment processing service. If you rely on cash payments, with mobile merchant accounts, you can now move around freely and serve customers anywhere you go. The possibilities to change the way that your customers experience your business are endless. So not only can you tap into a bigger market by making it possible for more people to buy from you. you’re also making the buying experience more convenient factors that can have a tremendous impact on your business growth.
Start With Your Merchant Account ASAP
5 Star Processing can help you set up a merchant account and get fast approval, so you can get started ASAP. We can also help you with the newest mobile card reader devices to help you transform your POS experience. We guarantee that we offer the lowest credit card processing fees in the market, so that going mobile can be a profitable move for your business.
If you have any questions about how mobile payments work, what you need to set up a mobile merchant account, or where to get a mobile card reader, then get in touch with us today. Call us now at (888) 253 9692 for immediate assistance, or send us an email at [email protected] and we’ll get back to you as soon as possible.