Wireless Merchant Accounts
Understanding merchant accounts can be difficult, but add the term
“wireless” to a merchant account and you may become even more confused
about what your business really needs. So what are wireless merchant
accounts and why might you need one? You can learn all about a wireless
merchant account right here.
Understanding Merchant Accounts
“wireless” in a merchant account refers mostly to the equipment
involved. The primary purpose of any merchant account is to process
credit card payments or other types of electronic payments. To process
those payments, you usually need some sort of credit card terminal to
swipe credit cards, transfer credit card information to the merchant
account provider, and get authorization for the card. Much of the
equipment used for credit card processing relies on a couple of
connections: electrical for power and internet or phone for
communication. However, some businesses are mobile and need to process
credit cards without being attached to one location. Wireless terminals
allow that mobility.
Who Needs a Wireless Merchant Account?
are plenty of businesses that can benefit from a wireless merchant
account. Some of them are obvious and others might just surprise you.
Find out if the business you run is one that can take advantage of
service businesses work out of an office and have no need to process
payments in any other location. But in today’s increasingly hectic
world, many service businesses are going to their customers instead of
the other way around. Hair stylists, massage therapists, and even
financial advisors now go to a customer’s home to fit their services
into a client’s busy schedule. And most of those busy clients prefer to
pay with a credit card. Without credit card equipment that can go where
you go, you’ll have a hard time getting paid. If you own a service
business and want to get paid as soon as your services are rendered,
then you can definitely benefit from a wireless merchant account.
you ever ordered a pizza for delivery only to discover you have no
cash? If your pizza place has a merchant account that is as mobile as
its drivers, then there won’t be a problem. The driver can bring the
credit card terminal with him, swipe your credit card when he delivers
the pizza, get authorization for the card, and process the payment. The
pizza place gets paid and you get dinner. This can work for a restaurant
that specializes in delivery or one that offers eat-in, take-out, and
The most popular
vacation destinations are often crowded, causing long lines at the
airport, the car rental counter, and the hotel check-in desk. However,
car rental companies are taking matters into their own hands and making
those lines move faster with the help of their merchant accounts. If
you’ve rented a car lately at one of the major chains, then you know you
rarely have to go to the customer service desk to return your rental
car. The customer service representative comes to you with a wireless
terminal, checks out the car, and processes your payment all in one
place. This helps the car rental company to run more efficiently and the
long lines to move much faster.
Restaurants and Retail
A wireless merchant account
doesn’t just benefit mobile businesses. Many traditional businesses are
also taking advantage of making their employees more mobile.
Restaurants can use these types of terminals for delivery and for their
dine-in services. Giving a terminal to every server allows those servers
the ability to enter orders as they take them from customers and to
process payments right at the tables, decreasing wait times. Cutting
edge retail stores are also getting more mobile with their merchant
accounts, allowing salespeople to process payments anywhere within the
store so customers don’t have to wait in lines at the checkout.
wireless with your merchant account and payment processing equipment
can help your business run more efficiently, allowing you to serve more
customers and improve your sales. Make your business more mobile with a
new merchant account today.