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Mobile Credit Card Processing Explained: What Business Owners Need to Know

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TLDR Mobile credit card processing first hit the market 15 years ago and in that time it has risen to become one of the most popular methods for processing in-person payments, both with businesses and consumers. Q: How does mobile payment processing work?

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Everything You Need to Know About Credit Card Processing

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This means you’ll be able to accept chip cards as well as contactless payment methods like contactless cards and digital wallets like Google Pay or Apple Pay. Mobile Payment Solutions Perfect for the on-the-go business owner, mobile payment technology can be a game-changer for your business.

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How to Find the Right Credit Card Terminal for Your Business

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With absolutely no additional equipment to purchase, all a merchant has to do is download the app on their mobile device, activate the application, and right then, they have a handheld terminal at their fingertips. Wireless terminals could also be the processing solution your business needs.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

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Hardware costs Clover Go ($49) is Clover’s main mobile POS hardware tool, pairing with any smart device (Apple iPhone, iPad, Windows, or Android) to take chip, dip, and contactless payments or mobile payments. Processing fees Clover’s in-person transaction fees are 2.3%

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How to Choose a Credit Card Reader for Your Business

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Also called chip and signature cards, this action refers to the cardholder inserting a credit card or debit card into the chip reader machine. This method is used with EMV Chip cards, which are more secure than magstripe cards and considered a more modern payment card solution.