How to Choose the Best Mobile Credit Card Reader: 3 Tips to Keep in Mind

business tasks and responsibilities

Is it time to select a mobile credit card reader? Here are 3 great tips that will help you choose the best mobile card reader for your business!

Mobile credit card readers offer businesses and business owners a convenient and simple way to accept payments at customer points of sale. Mobile credit card readers are often connected to a smartphone or tablet and accept credit or debit card payments. The device is usually connected to a mobile application on the smartphone or tablet and can generate invoices, receipts and sales calculations. In Shopify we have some of the best credit card readers for your company, so you can save time and better control your payments in one place.

If you are interested in adding this payment method to your business and you are ready to implement a better system for accepting credit card transactions, we have great tips for you that can help you find and choose the best mobile credit card reader for your business.

Let’s start:

1. Fees: For a few years now, the credit card fees were expensive and pretty high for some small businesses to justify the process of accepting credit cards. With the latest updates and advancements in technology, it is much less expensive for businesses of all sizes to accept credit card payments. But, we advise you to do your homework and understand how transactions work and exactly what types of fees you could end up paying. You can analyze and compare two or more mobile credit card reader devices and see which device suits your budget the most.

2. Encryption: We suppose you have a back up to all of your computer files and now you want the same kind of back-up for the personal information of your customers and buyers. When choosing a mobile credit card reader, you need to make sure the device has a security protection and keeps all of your customer’s personal information safe. If the mobile credit card reader is of a good quality, the reader will encrypt the customer’s data as soon as the transaction is made.

3. Certification: In order for you to keep the information safe and secure, it is recommendable to check into which security network your mobile credit card reader has in place. Usually, the mobile card readers invest in PCI security standards or Payment Card Industry Security Standards. The users have access to education and training before receiving the product certification. The credit card readers that follow these protocols have a link to the official PCI website proving their adherence and affiliation to their security standards.

We have another extra tip for you and your business – you may consider adding data breach protection to your insurance policy. Although we suppose that you are doing everything the right way such as taking extra precaution and safety measures in choosing software and tools, a data breach can still happen and why not being 101% secure that your customers’ credit card information is safe?

If any of your customer’s data is compromised or endangered, the results can be pretty costly, and real damages can be done. If you are trying to build a successful online business or you want to convince your customers they can trust your new brand, you can’t allow something like this to happen. We recommend you to consider a data breach protection. By using a data breach protection, you can count on professional support, you can cover your costs, and you will be able to notify the affected individuals in a case of a breach if something happens.

We hope these 3 tips will help you find the best mobile credit card reader for your business and will simplify the daily business tasks and responsibilities.

smartphone or tablet