Accepting Credit Cards with an iPhone: Is it Safe?

Credit card reader for iPhoneIf your business requires door-to-door sales, such as lawn care services or pet sitting, you likely spend much of your time driving from place to place. When you need to accept a credit card payment, you are either forced to wait till you are in front of your computer or credit terminal, or you can just choose not to accept cards as a form of payment. Both of these scenarios can cost your business customers and lost sales. By now you’ve likely heard of the credit card app for iPhones, which allow you to process credit card transactions with your cell phone, but you may be wondering how safe they are.

Keeping the Business Owner Safe

A safety feature of iPhone credit card payments, which is also convenient, is that you will know right away if the transaction is approved or declined. This cuts back on any lost sales that could result from customer error or fraudulent credit cards. As well, the transaction processes immediately, and the payment deposited into your merchant account is immediate, which gives you quicker access to your funds. You have the option of (more…)