Credit Card Shopping Advantages And Disadvantages

875 Words4 Pages
Traditionally, for a business to process credit cards, there had to be a credit card terminal, or point of sale system, physically at the place of business that the customer had to swipe their card through. This method is perfectly acceptable to any business which is a traditional brick-and-mortar setup. However, for businesses which travel to their customers, like plumbers, cable technicians, home repair, mobile auto detailers, and so on, there becomes a problem. It is best to collect the money at the time the service is rendered. For mobile businesses, without a terminal, the customer's credit card number would have to be written down and charged later which leaves the door open for many problems. Two other types of businesses that need…show more content…
With this method the business has a card terminal, or point of sale system with integrated card reader, physically at their place of business. When a sale is made, the customer swipes their card and the terminal connects to the payment processor via dial up modem or dedicated internet access. This is the most straight forward solution for any standard brick-and-mortar business in which customers come to the store. Examples of stores like this are: convenience stores, auto repair shops, clothing stores,…show more content…
This type of processing is very similar to wireless credit card processing in the sense that a business can travel to the customers and accept payments on the fly. The difference is, however, the processing program is downloaded as an app on a smart phone (Android, Blackberry, or iPhone). The app's have many more features than a standard hand-held credit card terminal and give users the ability to view detailed reports, customer search queries, and more, from the palm of their hand. The most popular mobile credit card processing app is Payware Mobile for the iPhone. Payware Mobile is available through many merchant service
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