Electronic Merchant Systems Discusses Benefits Of Using A Mobile Credit Card Reader

Cleveland, Ohio -

Electronic Merchant Systems (EMS), a payment processor based in Cleveland, Ohio, is taking measures to illustrate why small businesses should invest in mobile credit card readers. As part of this initiative, the company has shared a great deal of insight on the contactless payment trend in a recent blog post. This post also includes a guide on how merchants and small businesses can accept credit card and debit card payments directly via their mobile devices (and the benefits of taking this approach). EMS has helped thousands of local businesses update their merchant services and grow, and continues to do so with great enthusiasm. Learn more here: https://www.emscorporate.com/news/should-you-invest-in-a-mobile-card-reader.

With COVID-19 still around, many have switched to contactless payments to safeguard themselves. Other than safety, however, it is also convenient to pay for everyday purchases through a mobile device. Applications like Google Pay or Apple Pay offer customers a contactless way to purchase products, and a company must start accepting mobile payments to suit this demand. For this, a business will need a mobile card reader. Credit and debit cards can be easily accepted by customers online or in-person, using a variety of methods. If a business accepts payments without a credit card machine, they can find a range of platforms for accepting payments.

The major benefit with Mobile Credit Card Processing is that it allows merchants to accept credit card payments almost anywhere, provided they have a smartphone or tablet. This payment option is especially important for a company if they attend trade shows, conferences or other off-site events, or if they offer mobile services. The blog looks into a few methods in great detail, seeking to help businesses find the option that is best for them.

A mobile credit card reader is a point of sales system with a peripheral device that allows merchants to accept card payments on their phones. There are several types of credit card readers, including credit card swipers, EMV readers and NFC readers. Credit cards were originally designed for payment using a credit card swiper device which uses Magstripe technology to accept magnetic stripe payments. Though these machines are small and portable, they are quickly becoming obsolete as they are the least secure type of mobile card reader in the market. EMV readers read the chip embedded in cards, and were designed as an alternative to Magstripe technology for card readers. NFC, or Near Field Communication, readers support wireless payment, and this option can help transmit payment information at a close range.

People with smartphones can use mobile wallet payment apps, including Google Pay or Apple Pay, to transmit mobile payments or payments from NFC-enabled cards. As with EMV technology, this system of payment is highly secure. To get started with a mobile payment set up, business owners need to have a compatible mobile phone and choose the right credit card processing company, which can be difficult if they are new to the field. Factors such as compatibility, pricing, an efficient application process and high approval rates for businesses should all be considered, as well as data security. Electronic Merchant Systems recommends looking for a company that provides enhanced security features and has level 1 PCI certification.

VP of Sales at Electronic Merchant Systems Bill Felberg states, “The use of smartphones has become a central part of everyone’s day to day life. This has led to a recent uptick in more and more customers using cashless payment methods, which leads to business owners needing to stay up to date with different payment methods. So it is not surprising that many are interested in processing credit card payments on smartphones, especially if their business serves a lot of online customers. With EMS’ help, you can make that process very easy for yourself.”

The blog post highlights why businesses can benefit from mobile payments. Since people carry less cash in the digital era, mobile processing allows businesses to accept credit cards from anywhere. As an example, this is a particularly great benefit for the service industry, such as landscaping or even plumbing or electrical work, as they can accept customer payments on the job. Food trucks can accept payments on the go as well, and if the business has a spot in craft shows or trade shows, they can accept cashless payments without undue hassle.

Those who wish to learn more about Electronic Merchant Systems and the services they provide may visit the company’s website or social media pages. For further information, they may also contact the company via the portal on their website. Alternatively, they may call or email the company’s agents.