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Edited by ronnie lewis, Hailey Girges, Maluniu, WikiHow Intern and 1 other

If your business takes you out and about in the field to sell your products or services, you definitely stand to benefit from credit card processing. Mobile credit card processing will bring flexibility, more business and help you manage your finances in a more prudent manner. You also stand to benefit from not having to carry lots of cash as you go about your business.

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EditSteps

  1. 1
    Evaluate Your Profile - Credit card processors examine all important factors when processing your application. Hence, before you set out to look for a mobile credit card processing service provider, find out your credit rating and decide whether you need a free or paid service.
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  2. 2
    Shortlist Suitable Service Providers - Go on the internet and conduct a search for mobile credit card processing service providers and shortlist some viable options.
  3. 3
    Set up a Merchant Account - Submit your application to the preferred provider. You can do this by filling in a form on their website.
  4. 4
    Secure Compatible and Presentable Phones - Of course, you don’t want to be asking for client’s credit cards while brandishing an old and defaced phone. Get decent smartphones compatible with the payment processing software.
  5. 5
    Get a Bank Account - Open an account if you do not already have one. This will receive all the payments that you receive via credit cards.
  6. 6
    Familiarize with the System - Ensure that all your field staff is able to use the system. Most service providers have a hotline number that you can call in the event of any problem.
  7. 7
    Secure a Receipt Design - Design a soft copy receipt with your company name and logo. Customers will sign on it after which you will be able to send it to them.
  8. 8
    Ensure Mobile Payment Vs Website - Get advice and make a decision on the relationship between your credit card processing service and your website, if any.

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EditTips

  • You can scan, swipe or key in credit cards
  • Customers can sign receipts on your phone using a finger
  • You are set to increase your business by at least 25%
  • Ensure that your field personnel is able to cultivate an atmosphere of trust with the clients
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EditWarnings

  • Be aware of the per-transaction charges and discount rate.
  • Be presentable and honest with clients.
  • Ensure that you know where your money will be deposited.
  • Consider customer sentiments before selecting a service provider.

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Article Info

Categories: Credit and Debit Cards | Pages with broken file links

Recent edits by: WikiHow Intern, Maluniu, Hailey Girges

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Thanks to all authors for creating a page that has been read 141 times.

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