Posts Tagged ‘wireless eftpos’

Mobile businesses nowdays have plenty of options for mobile EFTPOS transactions. The speed of billing and receiving payment is critical to success.

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 the business 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.

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 process of handling a transaction using a mobile terminal is similar to a standalone EFTPOS transaction and far more secure for all parties concerned.