When it comes to processing payments on your iOS smart phone there are numerous options that are available which can facilitate a large number of your business transactions, right from your smart phone. Options such as these were not available previously, however with the advancements in technology and the common existence of the smart phone and tabs now things are very different, and the world has opened up.
There are different carriers who offer applications which enable businesses and individuals to collect money online directly via their iOS devices. Some of these are sites such as PayPal which is very well known and has been around for 13 years. However, there are numerous other sites that are also available now, with the advancements of payment technology, which cater specifically to this need. Here we examine some of these options:
This is fascinating technology which allows customers to pay by getting their cards scanned by the mobile camera. In this manner pay on the go services can collect payments anywhere, and all they need to do is scan the card number of the client. It can also send online receipts and other transaction details, including cash and cheques.
This is a great solution for mobile payments, it is considered to be a no frills mobile payment processing application. For this you do not need to have a merchant account and there is no monthly billing either. So it’s really a great option for those who are looking to charge on the go without any hassles.
Great substitute for not carrying credit cards, all you have to do is hold the phone up to a contactless reader which allows you to make payments. This operates using NFC technology and that means that you will need a PSO system which supports a NFC chip. There are options for receiving payment options as well using this Apple Pay. Also read: Ten Things You Should Know About Apple’s Apple Pay
Great for collecting payments on the go, however there is a monthly charge of $12.95. This is a more professional software and there is no additional charge for the additional hardware that is required to make the payments. The accompanying transaction fees are 1.75% of the overall transaction charge which is considered to be competitive.
Developed by ROAM data, this is an option which is supported by various different merchant providers. The total monthly cost for this is $7.95 and it comes with a maximum charge of 1.58% per transaction amount. Additionally there is also a charge of 19c per swipe.
Well known, and possibly one of the oldest in the business of online payments. This offers business owners with the flexibility that they desire, and that is the reason that it is still popular. There are also other transaction types that they offer, one of which is that customers can pay you through their PayPal mobile accounts. There is additional technology that PayPal is developing which will revolutionize pay on the go for users.
This offers features much like PayPal, the customer logs into their account and sends payments directly to the merchants banking account. The payments are available real time and the vendor can check the payments instantly. The associated charges that are associated with this form of payment are 25c.
Sure to be one of the biggest names in the near future, this is something that has got a lot of publicity recently. The technology used is NFC and this allows merchants and vendors to accept payment online directly. The associated hardware which is provided by Google partner First Data can be bought or rented, all the Google wallet client then needs to do is hold up their smart phone and make a payment. The card processing fee which the merchant is charged is the normal card processing fee.
Offer with a mobile wallet that allows them to make payments using NFC technology. Your business will need to get the NFC reader installed and that will enable the payments to get processed.
Technology by Master card enables customers to make smart phone payments using the NFC payment reader. In addition to this customers can also hold up their credit cards to the POS reader and make payments if required.
About the Author-
Carlos, an social media expert and love to write on latest technology trends. He works with Essay On Time and develop effective social media marketing strategy for branding.