What’s the Best Way for a Small Business to Process Credit Card Payments?
If your small business needs to accept credit card payments, it has never been easier to do so! There are a number of methods to process these payments; the most convenient route will depend on how you want to do business with your customer. If you will make transactions in person, a traditional credit card machine or a mobile swiper could be the best fit. If your sales are made remotely, via the internet or phone, a secure payment gateway service can handle transactions on your behalf.
Credit card machine. This hardware is used to swipe a credit card in person, or if necessary, to manually enter a credit card number from a phone or internet order. Credit and debit card processing equipment is usually provided with a merchant account. Credit card terminals are best for a business that only needs its credit card processing system to accept payments.
Mobile card reader. You can accept credit cards anywhere using a mobile credit card processor attached to a smartphone or tablet, such as ProcessNow® Mobile. It works like a regular credit card terminal and is ideal for businesses that only have a few transactions per day, that conduct transactions on-the-go or that want to sell anywhere within a brick-and-mortar store.
Online payment gateway. For businesses that conduct a significant amount of business transactions online, a payment gateway service allows credit cards and electronic checks to be accepted on a website or online store. Funds are automatically deposited into a merchant bank account.
Are You Getting the Best Rates for Payment Processing?
City Bank offers competitive payment processing services that make it easy for your business to accept credit card payments and stay profitable. Enjoy local weekday support, dedicated sales and support staff, and a 24/7 Merchant Help Desk. If you’re currently using another provider, we welcome the opportunity to do a price comparison so you can see if you’re really getting the best rates. If you’re getting a better deal, we’ll tell you! Call (800) OUR-BANK or walk in today.