Nov 19, 2018

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Guidelines in Shopping for a Mobile POS System

Guidelines in Shopping for a Mobile POS System

Choosing a mobile POS system should be done with care and caution. Make the right choice after you’ve gone through the following guidelines.

Consider volume order

Some types of point of sale software are much more suited for handling big volume orders. You’ll want to check to make sure that’s the case for you, especially if you have plans to expand your business and you’re getting a ton of online payments regularly. Be on the lookout for systems that come with a cap by the payment provider. That arrangement is far from ideal so seek out other options.

Check card acceptance

Before you pick a mobile POS system, find out if the payment processing firm accepts local and major credit cards, Business says. You wouldn’t want to lose out on potential business simply because the processor you chose don’t accept payment from all credit cards your customers use.

Consider speed of payment

The sooner you get the funds, the better. That’s the kind of speed you can expect when you work with a highly-regarded payment processor. That can make a world of difference in your decisions, especially since all businesses prefer instant settlement than having to wait out the funds for too long.

Ask about the fees

Some POS systems come with a pay-as-you-use model. That choice will work well for you if you run a seasonal business. However, a standard contract with monthly or yearly fees is infinitely much better if you have a lot of online transactions and payments that come your way.

Find out about extras

Some merchants offer a bit of extra in their services. Keep a lookout for that. Some may provide add-ons like risk management tools that come in handy for you and some may even have an app, gift cards and much, much more.

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