Get Over the Suspense of a Cheque Payment
Mobile payment solutions are very smart in the sense that they allow you to accept payments from your clients, irrespective of where you are with the help of your smartphone or even a tablet. This is really great as you need not carry a terminal you see normally in shops and malls, where you are required to swipe your credit card to make a payment. Your client pays you through your mobile and you need not purchase or carry the terminal to your customers to where they are. Now you are free from any fear or worries that used to cross your mind when you had to accept cards or cheques from the customers.
Get a Payment Gateway for Your Smartphone
All you need to start accepting payments through your mobile device is to insert a card reader that is small enough to fit inside your mobile device. This card reader comes from the service provider, who also sets up your account as a merchant account. There are scores of payment API acting as payment gateways on the internet. PayPal happens to be the most popular and trusted payment API around the world though there are dozens of other gateways that are reliable and trustworthy too.
You can, for the purpose of simplicity, think of payment API as a terminal that accepts payment on behalf of your business from the client and deposits your money into its account from where you can withdraw money to your bank account. PayPal provides a merchant processor too, as part of your mobile payment solutions and also a payment gateway while you manage both of them with a single account.
Become Free From Wired Terminals
Mobile payment solutions have come as a boon for service providers, who meet their clients at airports, hotels, conferences and all places apart from their business premises. You just enter the payment details of your customer into your smartphone that has the card reader inserted in it, your account gets credited by the amount that you need for your services and this money is taken out from the account of the client over the internet. Using a payment API, your smartphone becomes a moving payment terminal and you are always ready to accept payments from anyone anytime, from anywhere in the world. The system is extremely safe and accurate and there is absolutely no chance of an error.
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