Gone are the days when building a customer base and making transactions with them meant having to interact face to face and accepting only cash. Imagine being able to connect with customers across the globe, providing services on location, and avoiding paper billing. Mobile payment processing is a step not just toward bringing your business into modern times, but also growing that business, expanding your customer base, and reaching new levels of success.
Recently, the National Restaurant Association co-hosted a chat via its Twitterfeed, dealing with issues of payment security. This is of particular concern to NRA members, since many of the most headline-grabbing hacks have come at eateries, like PF Chang’s, Dairy Queen, and other food establishments.
The news and changes in payments keep moving along at a clip — well, at a clip almost as fast as the digits who are changing the ways those payments are made. On the very day of this post, Samsung has announced the purchase of LoopPay, a start-up in the world of mobile and NFC — near field communications — payments. As the Wall Street Journal summarizes, “the deal to buy LoopPay Inc. of Burlington, Mass.
As a business owner, you know that many customers prefer to make card payments. If you don’t have a tool for credit card processing, then it is likely that you are making your customers frustrated since they are unable to use their preferred form of payment.
As a business owner, you need to be proactive to implement new technology that makes it easy for your customers to buy your products or services. In a world where many things are available with the click of a button, customers don’t often have the patience to sort through a confusing payment process in order to make a purchase online.
As noted in our previous newsletter, no sooner had we posted on our blog last week about the ease with which ID theft can be perpetrated, than news broke of another massive data breach, this one affecting upwards of 80 million or so Anthem Blue Cross customers.
Owning an online business is beneficial in many ways, especially because you can accept digital payments from anyone in the world. When a customer accesses your website, they can make an online purchase by entering their payment information and your website merchant account system will handle the transaction for you.
Mobile Phone Credit Card Processing is Easy and Efficient Introduction Do you have your business setup to receive mobile credit…
Economics has been called an imperfect science by some of its critics, and differing conclusions about the benefits of the recent Super Bowl to the local economy may show that the field does still lack the precision regularly used by, say, astrophysicists.