Using portable payment devices that have all the credit card processing capabilities of in-store or retail POS or plug in standard terminals and printer - is a top of the line approach for mobile merchants.
All of the top credit card terminal manufacturers have these small, hand held, battery operated payment integrated devices that can swipe (lowest discount rate), receive authorization and print a receipt - right from the terminal.
Wireless credit card processing terminals are the utmost in efficiency and convenience, and provide:
- real time abiltity to accept credit cards or customer payment, anytime, anywhere.
- store and forward security feature allows terminal to capture transactions offline) in low coverage areas for processing later
- compact to carry and use - rapid check out and authorization 2-3 seconds
- Reduce risk from finanical loss - no cash or checks to carry or lose, real time authorization negates card declines
- Lower processing costs - less risk in swiped vs. keyed (manual entry of credit card transaction) = lower processing costs from processors. Requires a cell phone service which you are usually already paying for.