Are you the owner of a small shop or online business? Do you want to improve your sales and expand your business? If these are your goals a maverickbankcard merchant account may be a valuable asset to your operation. Many people today do not carry much cash with them and use credit and debit cards to pay for goods and services. It is imperative that every business small or large has the facilities to accept payments this way.
Why are card growing in popularity?
The main benefit that people see of using plastic as opposed to cash is the safety. Cash can be lost, stolen, and you will never get it back. However, with a card, if it is stolen, no one can use it unless they have your pin or signature. A card can also be canceled so that it cannot be used in case of theft or loss.
Contactless payment systems
The latest trend is contactless payments and mobile payments. These are systems where card details of a person are stored on a mobile device, and a wave of the smartphone over an NFC POS machine will give authorization for payment. These are also growing with systems like iPay, Android pay, Google Wallet and Samsung pay coming out and gaining traction.
How can you prepare
If you want to accept non-cash payments for your services, you need to have a merchant account and a point of sales terminal with you. You can find devices that work on your tablet or smartphone that can accept such payments with ease. If you are finding that many of your customers prefer to use a card and not cash, you can contact a company like the Maverick BankCard, and after you have registered, they will set you up with a merchant account and a device that will allow you to accept all many major cards with ease.
Depending on the merchant account provider the costs that you have to pay will differ. However, it is best to get one which has a standard fee with no hidden charges. The main benefit of having a merchant account is that you can accept payments from anyone who wants to use plastic and not cash. It will give your business the chance to have more customers and grow. You can also grow your online business by using a merchant account to accept online payments.