Mobile Credit Card Processing Is Transforming Service SMBs Like Yours. Don't Get Left Behind
Service professionals employed with plumbing businesses, roofing businesses and landscaping businesses all find themselves constantly on the go, working hard to fulfill appointments and provide quality service. With each week seeming busier than the last, most successful businesses are looking for ways to save time and money. Mobile credit card processing is taking small businesses like these to the next level. Make sure yours isn’t left behind.
The payment industry has come a long way, and now there are several easy ways to process transactions – one of them being mobile payments. While mobile payments encompass several tools and processes, such as mobile wallets and mobile money transfers, its immediate benefits for these types of businesses come in the form of fast, convenient and secure credit card processing experienced by the service professionals and their clients alike.
Quality service deserves timely payments, but collecting them can take a while and be hard to track, especially if your business still accepts only checks or cash. Mobile payments allow transactions to be accepted in-shop, on the go, or online, thereby eliminating paper invoices, closing out work orders sooner and paying your service professionals more quickly.
Below are some other ways mobile credit card processing is transforming businesses like yours today.
Using a mobile credit card processing solution is intuitive inventory management. A mobile payments app on your phone or tablet provides an updated inventory listing, eliminating the need to print price lists or call to check what’s in stock. Each item’s name, SKU, price, tax, and quantity can be easily edited and synched across all connected devices, helping service professionals at your business always have the most up-to-date information.
Your employees will have mobile access to all work orders, service records, equipment history and warranty information while they are out in the field. Not to mention the portability mobile payments offer – no more carrying around heavy terminals.
Timing is everything, especially when it comes to plumbing, roofing and landscaping businesses. Generating invoices and waiting for customers to pay them might be a tried-and-true method, but did you know the invoice repayment time lag can be anywhere between four and 22 days? This can be problematic when you are dealing with pressing expenses required to keep your small business running.
Mobile credit card processing helps speed up the repayment process by letting service professionals accept payments right away, while also managing past transactions from the same device.
The cost of using a mobile credit card processing solution is often less expensive than using traditional terminals for processing payments. Not to mention, should you take the leap and go mobile with your business, you no longer need the terminal back at the shop – you can use your mobile phone or your computer as a virtual terminal.
Another marketing avenue
Looking for a way to further market your business? After capturing a customer’s signature using a mobile payments app, you can email or text them the receipt. This is a great way to collect the email addresses of your customers for future marketing.
No internet access? No problem. Another benefit of customized settings with a mobile payments app is swiped or keyed payments can be stored and forwarded at a later time when in offline mode with a mobile payments app.
Save money on EMV
We’ve all heard the buzz around EMV over the past few years. Haven’t gotten around to switching just yet? Just another reason to take your business mobile: Mobile EMV chip card readers are often less expensive than a traditional EMV credit card processing terminal, and they provide more features.
Supports Android & iOS
No need to worry about selecting a mobile operating system – mobile credit card processing supports both Android and iOS operating systems.
Customers expect mobile payment options, which most likely means that your competitors may have already fulfilled their wishes. Moving to mobile alone has its own benefits, but doing so before your competitors helps cement the perception that your business cares about your customer needs, and has its finger on the pulse of web and technological development.