PayAnywhere Mobile allows you to accept Visa, MasterCard, American Express Discover and PayPal on the go. Mobile credit card processing will give your business a way to accept credit card payments that is both easy and secure to use… or is it?
The entire credit card processing industry, including our team at PayAnywhere, have been working towards including EMV technology in all of the point of sale systems that we send to merchants ahead of the October 1, 2015 mandate. But to get a jump on things, many processors have sent out EMV capable devices that will need to be adjusted before they can start accepting EMV card transactions.
Let’s face it, we live in a nearly cashless society and that will affect the way you do business. The cash-only business is fast becoming the dinosaur of the retail space, and accepting credit cards is nearly a requirement in today’s business climate. So what are the pros of accepting credit cards at your business? We at PayAnywhere have put together a short list explaining the benefits of accepting cards – both credit and debit – at your business.
For some small businesses, it might be hard to see the benefits of accepting credit cards – especially if they’ve been a cash only business since opening. However, there is a big downside to being cash only and you could really be limiting the customers you bring in.