davidjohn6366
58 posts
Oct 05, 2022
6:02 AM
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If you own a small business then you are familiar with the fees the fees you have to pay on debit and credit card transactions. The 2-4 percent on every transaction can really add up, especially if you are trying to keep prices low to compete. There are more advanced merchant service accounts that can actually save you money and add convenience.
Your iPhone or Android
There's an App for that. In fact there are several. A few companies are now offering an advanced merchant payment processing sales jobs service account that can process credit cards over your iPhone or other smart phone. Some even have a card reader you can attach to your phone. The best part is most apps don't charge you a processing fee because it uses your data connection to process the transaction.
While it sounds cool and may be a solution for some, you have to ask yourself how comfortable customers will be with you running around sliding their credit cards through your phone.
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