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.
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.
For these businesses a mobile EFTPOS is vital.There are a number of reasons why mobile EFTPOS is good news for mobile businesses and one of these is the immediacy of payment.
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.
The differences between 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 the business to accept both credit and debit cards.
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.
The benefits to the business start with improved cash flow and reduced bad debts. As well these systems also offer a secure means of getting payment and the business doesnt have to handle cash. The differences between 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 the business to accept both credit and debit cards.
