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In: Finance
19 Jun 2009Wireless EFTPOS allows many benefits and lets a business receive payment when a customer doesnt have cash on hand but has a debit or credit card. However, for businesses on the move, an EFTPOS solution sitting on a counter back at the office isnt much good.
A technician or installer can, for example, make a call, invoice the customer and receive immediate payment rather than manually imprinting the customers credit card, which requires the business to get the paperwork to the bank or to enter it electronically at a later time, and which carries no guarantee that the charge will be authorised.
For businesses in the building industry a wireless EFTPOS is vital.There are a number of reasons why mobile EFTPOS is good news for mobile businesses and one of these is the immediacy of payment.
Alot of alternative phone options are not able to process Debit Card transactions either. This is usually around 40% – 50% of the total Eftpos transactions, and usually a much cheaper transaction option. Rates in the building and construction industry are exceptional, and we have access to them !
The differences between mobile devices themselves is whether the terminal does the communicating or if a mobile phone or PDA is used instead. For businesses in the building industry a wireless EFTPOS is vital.There are a number of reasons why mobile EFTPOS is good news for mobile businesses and one of these is the immediacy of payment.
The process of handling a transaction using a wireless terminal is similar to a standalone EFTPOS transaction and far more secure for all parties concerned.
The benefits to the business start with improved cash flow and reduced bad debts. As well these systems also offer a secure means of getting payment and the business doesnt have to handle cash. The differences between mobile devices themselves is whether the terminal does the communicating or if a mobile phone or PDA is used instead. The terminal is a far better option in the long run and allows the business to accept both credit and debit cards.