Mobile EFTPOS allows many benefits and lets a business receive payment when a customer doesnt have cash on hand but has a debit or credit card. However, for businesses on the move, an EFTPOS solution sitting on a counter back at the office isnt much good.
A technician can, for example, make a service call, invoice the customer and receive immediate payment rather than manually imprinting the customers credit card, which requires thebusiness to get the paperwork to the bank or to enter it electronically at a later time, and which carries no guarantee that the charge will be authorised.
Not only are the charges higher but there is also a potential risk element to the transaction. With mobile EFTPOS, the processing can be done immediately. Importantly an EFTPOS solution supports debit cards, which cant be processed manually and manual terminals pose a security risk .
Alot of alternative phone options are not able to process Debit Card transactions either. This is usually around 40% - 50% of the total Eftpos transactions, and usually a much cheaper transaction option.
Not only are the charges higher but there is also a potential risk element to the transaction. With mobile EFTPOS, the processing can be done immediately. Importantly an EFTPOS solution supports debit cards, which cant be processed manually and manual terminals pose a security risk .
The process of handling a transaction using a mobile terminal is similar to a standalone EFTPOS transaction and far more secure for all parties concerned.
The differences between wireless eftpos and other mobile devices themselves is whether the terminal does the communicating or if a mobile phone or PDA is used instead. The terminal is a far better option in the long run and allows thebusiness to accept both credit and debit cards.
A technician can, for example, make a service call, invoice the customer and receive immediate payment rather than manually imprinting the customers credit card, which requires thebusiness to get the paperwork to the bank or to enter it electronically at a later time, and which carries no guarantee that the charge will be authorised.
Not only are the charges higher but there is also a potential risk element to the transaction. With mobile EFTPOS, the processing can be done immediately. Importantly an EFTPOS solution supports debit cards, which cant be processed manually and manual terminals pose a security risk .
Alot of alternative phone options are not able to process Debit Card transactions either. This is usually around 40% - 50% of the total Eftpos transactions, and usually a much cheaper transaction option.
Not only are the charges higher but there is also a potential risk element to the transaction. With mobile EFTPOS, the processing can be done immediately. Importantly an EFTPOS solution supports debit cards, which cant be processed manually and manual terminals pose a security risk .
The process of handling a transaction using a mobile terminal is similar to a standalone EFTPOS transaction and far more secure for all parties concerned.
The differences between wireless eftpos and other mobile devices themselves is whether the terminal does the communicating or if a mobile phone or PDA is used instead. The terminal is a far better option in the long run and allows thebusiness to accept both credit and debit cards.
