In today’s world, you’d be hard pressed to find someone who doesn’t own a smartphone. Nowadays, these handheld devices are among the most popular gadgets in the world. They serve multiple functions with camera, camcorder and internet provider among them. Of course, there are still many of us who still use our smartphones as actual phones. Calling people, it seems, hasn’t gone out of style just yet. But there’s another service that your smartphone can provide that many haven’t considered.
Well, there’s no need to imagine it…because you can! It should probably come as no surprise to you that modern-day technology has gotten to the point where it can turn your handheld devices into money-making machines for your business. With the advent of mobile payment technology, you can utilize your smartphone, tablet or laptop computer as a complete and secure payment solution.
The first and most obvious benefit of doing so is that you’ll be able to accept payments anywhere at any time. This is especially lucrative for business owners who are regularly on-the-go. No matter where you are, you’ll be able to pull out your smartphone and accept a payment via credit card or debit card with a mobile payment solution. But that incredible convenience and flexibility is only the beginning!
On UseOfTechnology.com, Karehka Ramey explains that the costs of using a traditional POS terminal far exceed those of a mobile POS terminal. He points out such factors as monthly software licensing fees and annual support costs that don’t apply to your mobile payment service.
“According to Mobile Transaction, mobile POS systems usually take any licensing, support, and upgrade fees and roll them into one inexpensive monthly payment,” reveals Ramey, “Not only are the monthly costs of a mobile POS system much cheaper, but the actual purchase price for an entire terminal is far under that of a traditional system.”
Using a mobile payment solution has a number of other benefits that you may not have even considered. As explained by Jacques Guérin, who is the Chief Executive Officer for ROAM, on Ingenico.com, mobile payment solutions often features apps that merchants can use to support other business processes.
“For example, the overall mPOS solution might include apps for building quotes or creating contracts, and links to product information or customer records,” writes Guérin, “The data collected and stored helps create a better customer experience and also streamlines bookkeeping.”
Canadian POS Corporation proudly offers VirtualMerchant Mobile – a mobile payment solution that accepts payments without boundaries. It is a secure, complete payment solution that transforms your mobile devices into terminals, allowing you to accept payments quickly and securely anywhere, any time without a major investment of money or effort!