You need a mobile credit card reader to avoid losing out on customers carrying only credit and debit cards because many people go without cash. Smart business owners invest in mobile credit card processing because clients are getting more tech-enabled and starting to expect them to accept all credit cards and other forms of electronic payment.
So what are the best mobile card readers? Read on to find out.
Most payment options: PayPal here
If your business has both a large online and in-person presence, the PayPal Here mobile card reader and mPOS app are a great option. You’ll pay $15 for a basic PayPal Here swipe reader. You can buy a $25 EMV reader or $60 NFC reader to accept chip or contactless payments. There’s a really great low-cost option – a $79 three-in-one reader. All three of these products are Bluetooth enabled, which means you can accept payments from anywhere.
With PayPal Here, you can accept checks through the mobile Android, iPhone, or Windows app. And of course vendors, customers, and anyone else can use their own PayPal accounts to send and receive funds. PayPal Here doesn’t have next-day funding out of the gate, but there is an alternate solution you can choose. You can get your payments as quickly as one business day if you sign up for the PayPal Business Debit MasterCard.
Most recognizable reader: Square
There’s a good reason the Square reader and iPhone or Android mobile app are the most recognizable and popular mobile card reader. For a free and easy-to-set-up reader, low and simple fees, and funding as fast as one day, Square is the best for small businesses who need a cost-effective, quick, and user-friendly way to accept credit card payments on the go.
This system gives you a free card swipe reader and access to the free Square mobile point-of-sale (mPOS) app. This POS system’s fees are the simplest. It’s just a flat 2.75% for all swiped credit card transactions without monthly fees or extra per-transaction fees.
Square works on iPhone, iPad, and Android mobile devices and accepts all major credit cards, including American Express. You need to buy their adapter for newer iOS devices without a headphone jack. The mPOS service includes access for multiple users, inventory management, personalized email receipts, and a simple tipping interface for retail and service businesses that accept them.
Best for modern pop-ups: Shopify
An increasingly trendy way to run a business, pop-up shops allow online small-business owners to try out in-person sales, a new revenue stream. If you’re one of the myriads of online retailers selling clothes, art, or jewelry, setting up a kiosk or booth could boost your brand and your profits. Enter Shopify. This platform has consistently offered retailers a place to sell their goods online and also offers an in-person sales solution.
Shopify’s robust online store, mobile app, and mobile card readers will let you sell products and processing payments wherever your customers are. The basic plan of Shopify’s POS service starts at $29 per month, which includes up to two users, retail reports, shipping label support, and a free swipe card reader.
Compared to other brands, Shopify is slightly costlier, but for occasional in-person sales, it’s a good investment. Actually, it’s better than most. Moreover, you can lower your fees by buying more advanced plans.
For example, the fees for the $79 per month plan are only 2.5%. This plan is super affordable if you plan to expand your physical retail presence and set up a more permanent store.
Best if you use QuickBooks: GoPayment
Coming to you from the giant Intuit, a financial software corporation, QuickBooks GoPayment is the best mobile card reader for businesses already using QuickBooks sales and accounting software. There are two ways to get started with GoPayment.
The first is the monthly payment option, which costs $20 per month, but transaction costs are just 1.6% plus $0.25 per swipe. The second option doesn’t require a monthly fee or subscription, but it charges you 2.4% plus $0.25 per transaction swipe. If your business does a lot of small-value transactions, those per-transaction fees can become expensive.
The first option is more lucrative particularly if your transactions tend to be in the $80 range.
Of course, the biggest advantage to the GoPayment reader and app is its compatibility with Intuit’s QuickBooks software. A lot of companies use QuickBooks to manage sales, payroll, inventory, and other functions, so it’s a major plus to be able to integrate your mPOS system with the accounting software.
On the downside, GoPayment doesn’t have the fastest funding time. You might have to wait up to 5 business days to get a deposit. However, its QuickBooks integration might make up for the funding delay because all transactions are recorded and synced with your bookkeeping software automatically.
Lowest transaction fees: PayAnywhere
The cheapest of all the readers reviewed here is PayAnywhere. The transaction fees are unbelievably low. What is more, you avail of next-day funding. You also get a free PayAnywhere credit card reader and are not charged any monthly subscription fees at all. So what is the transaction fee? Just 2.69% per transaction – the basic package. Our previous choice does offer a lower 2.4% rate for its basic QuickBooks GoPayment plan, but you’ll be charged an extra $0.25 for each GoPayment transaction. Those per-transaction fees could add up if your business will be taking a large volume of mobile payments.
For example, you’d pay $403.50 in PayAnywhere transaction fees if you did 1,000 transactions at $5 each in one month. GoPayment would leave you with $1,110 in fees. That’s really not the same!
Your transaction costs drop even more if you sign up for the PayAnywhere Storefront monthly subscription – just 1.69% per swipe. This plan, which costs $13.95 per month, lets you rent an EMV-enabled stand, touchscreen tablet terminal, a cash drawer, and receipt printer.
The PayAnywhere app’s mPOS services also include inventory management, personalized receipts, customer purchase reporting, multilingual customer support, and online resources —all at no extra cost.
Thank you for reading our review of the best card readers. We hope we’ve been helpful!
How To Stay More Secure When Using Kubernetes
Kubernetes is an open-source system for automating deployment of new apps and software, and is becoming increasingly popular due to its utility in going back to previous versions. But while lots of developers are excited to take advantage of the benefits and convenience offered by…
If Online Privacy Is Dead, Is There Anything We Can Do?
The online world is both wonderful and frightening in equal measure. On the one hand, we have access to unlimited information and resources, but on the other, we have zero privacy. For most adults, the internet is a part of every aspect of their daily…
Reason To Choose Comodo SSL Certificate To Secure Your Website
It should be clear by now that for your website to survive in this modern era, hacker ridden internet era, it is important for all the information that go on it or through it to be encrypted. To have a website without SSL protection is…
6 Unexpected Security Concerns, and How to Prepare
As powerful as the Internet is right now, it’s impossible to even imagine where it will go over the next years and beyond. But, as fast as security protection continues to improve, hackers seem to improve even more quickly. Everything from new devices to apps…
Your Business Needs These 13 Digital Security Solutions – Here’s How To Get The Most Out Of Each
How would you characterize your organization’s digital security posture? If you’re not sure how to answer this question, or perhaps would prefer not to answer it at all, you’re not alone. Countless decision-makers, from uber-competent CTOs and CISOs to CEOs and COOs who couldn’t code…
- 3D Printing
- App Dev
- Artificial Intelligence
- Arts and Entertainment
- Big Data
- Blockchain Tech
- Business Technology
- Car Technology
- Cloud Computing
- Cloud Storage
- Computer and Technology
- Conference Calling
- Coupons and Deals
- Cyber Security
- Dark Left 1
- Data Center
- Data Recovery
- Digital Arena
- Digital Marketing
- Edu Tech
- Email Marketing
- Google Glass
- Guides and Tutorials
- Health and Fitness
- Home Appliance
- Home Improvement
- Home Security
- Internet and Businesses Online
- Internet Marketing
- IT Careers
- Mobile Apps
- Mobile Security
- New Tech
- Online Shopping
- Project Management
- Reference and Education
- Reputation Management
- Sales & Marketing
- Self Improvement
- Shopping and Product reviews
- Small Business
- Social Media
- Tech Trends
- Technical Support
- Technology in Education
- Tips & Tricks
- Tips And Tricks
- Video Conferencing
- Virtual Reality
- Wearable Technology
- Web Design
- Web Development
- Web Hosting
HoverWatch – A Spy App That Tracks What People Are Doing
Do you want to monitor exactly what people are up to on a computer or mobile device? Are you looking for a way to make sure your kids aren’t exposed to inappropriate content, or maybe track your employees’ activity to improve productivity? To be perfectly…
5 Litigation Threats for Businesses
The relationship between an employer and employee is usually mutually beneficial, as the employer needs the skills or ability of the laborer, who in turn, receives financial compensation for the work. However, there are many issues that can arise in the work environment that jeopardize…
Online Security Tips You Might Not Know About
Technology is now playing a major role in our daily lives. From how we work to how we spend our leisure time; it is central to us all now. Of course, a tech advance that has transformed our lives the most is the internet. While…
Here’s How Proxies Can Aid Email Protection
Are you concerned about your email protection measures? If that is the case, then this is for you. It all began in November 2014 with leaked emails from Sony Movie Pictures. After this leakage of emails went viral all over the world, people, organizations and…
3 Ways to Prepare For Cyber Security Risks That Employees Must Know
In a world where everything is much easier to do via mobile, app, or device, technology is not going to slow down. We’re all guilty of potentially owning more than one device, whether that is our personal phones, work phones, tablets or fitness trackers. All…
Non-Negotiable Elements For Your Business IT Security Plan
In 2019, having a business IT security plan is more important than ever. An IT security plan is the first line of defense you have for protecting your business – and your clients – against cybercriminals. Cybercriminals include hackers, who frequently obtain personal information with…