The prohibitive card machine
costs in the UK is the main reason behind the slow adoption of new card
technologies. Most small businesses cannot accept card payments even if they
want to because the operational costs of these machines cannot offset the sales
they are making. Fortunately, mobile card readers came into the market. They
are not standalone machines but are devices that read credit cards. They allow
customers to tap or swipe their cards to make a payment.
Mobile card readers function like any other credit card machine and
thus, can bring the same benefits to your small business. The only difference
is that they must be connected to smartphones and tablets to process card
payments. These compact and portable devices are affordable and easy to use,
making them the best options for small business owners.
Are you now convinced to use a mobile card reader in your business? Then
it would help if you started looking for the best mobile card reader in the UK. Here are some tips to help you
find the best ones.
1. Be sure to account for all the extra charges.
Card machine
charges in the UK are far from
straightforward. You typically have to pay for the payment per transaction,
schedule fees, incidental fees, and application and setup fees, among many
others. To get the total amount you can expect to spend on a mobile card
reader, you will need to factor in all these fees and the cost of the device.
2. Check what cards and payments the reader accept.
You want to be able to tell your customers ahead of time what credit
cards or banks your business can accept. In the same way, you also want to find
out if the card reader can cater to most of your customers.
3. Pay attention to the features.
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