Best Mobile Credit Card Machine For Small Business
Small businesses are the backbone of the United States economy. In fact, according to the Small Business Administration, small businesses make up 99.9% of all businesses in the country. As a small business owner, one of the most important tools you need is a mobile credit card machine. These machines are essential for accepting credit card payments on-the-go or in-store. In this article, we will discuss the best mobile credit card machines for small businesses to help you choose the right one for your needs.
What is a Mobile Credit Card Machine?
A mobile credit card machine, also known as a mobile credit card reader, is a small device that allows you to accept credit and debit card payments from customers. These machines are mobile and can be used anywhere with an internet connection. They are perfect for small businesses that need to accept payments on-the-go or in-store without the need for a traditional point-of-sale system.
Top Mobile Credit Card Machines for Small Business
There are many mobile credit card machines on the market, but not all of them are created equal. Here are the top options for small businesses:
1. Square
Square is one of the most popular mobile credit card machines on the market. It is easy to set up and use, and it works with both iOS and Android devices. Square also offers a range of features, including inventory management, customer management, and invoicing. The transaction fees are 2.6% + 10¢ per transaction, which is competitive in the market.
2. PayPal Here
PayPal Here is another popular mobile credit card machine. It is easy to use and works with both iOS and Android devices. PayPal Here also offers a range of features, including inventory management and invoicing. The transaction fees are 2.7% per transaction, which is competitive in the market.
3. Shopify POS
Shopify POS is a mobile credit card machine that is specifically designed for small businesses. It is easy to set up and use, and it works with both iOS and Android devices. Shopify POS also offers a range of features, including inventory management and customer management. The transaction fees are 2.6% + 30¢ per transaction, which is competitive in the market.
4. SumUp
SumUp is a mobile credit card machine that is designed for small businesses. It is easy to set up and use, and it works with both iOS and Android devices. SumUp also offers a range of features, including invoicing and reporting. The transaction fees are 2.65% per transaction, which is competitive in the market.
Factors to Consider When Choosing a Mobile Credit Card Machine
When choosing a mobile credit card machine for your small business, there are several factors to consider:
1. Cost
You need to consider the upfront cost of the mobile credit card machine as well as the transaction fees. Some machines have a higher upfront cost but lower transaction fees, while others have a lower upfront cost but higher transaction fees. You need to choose the option that makes the most sense for your business.
2. Features
You need to consider the features offered by the mobile credit card machine. Some machines offer basic features, while others offer more advanced features like inventory management, customer management, and invoicing. Consider the features that are important for your business.
3. Compatibility
You need to consider the compatibility of the mobile credit card machine with your device. Some machines only work with iOS devices, while others work with both iOS and Android devices. Make sure the machine you choose is compatible with your device.
Conclusion
A mobile credit card machine is an essential tool for any small business that wants to accept credit and debit card payments. There are many options on the market, but the best options for small businesses are Square, PayPal Here, Shopify POS, and SumUp. When choosing a mobile credit card machine, consider the cost, features, and compatibility. With the right mobile credit card machine, you can increase sales and improve the customer experience.