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onsdag 30 december 2009

Wireless Credit Card Processing Recognized Globally As Technological Advance

By Darcy Selvidge

Wireless credit card processing recognized globally as technological advance has reached new heights. In answer to both the awkward machines that are currently used for processing credit cards, and the time consuming efforts that must be made by new businesses who are implementing the use of credit cards, this system has risen.

Using a wireless credit card processing system is simple and mobile. The swipe unit is small and will fit easily in a handbag or briefcase. Qualifying for the system is easy too. There is no need to apply with each individual credit card company and spend time trying to figure our their fee structure. An individual fills out one application and they are then able to accept all major credits.

The swiping box is very small and easily fits in a briefcase or bag. It can be used while being held in the palm of your hand. In addition, all of the information is easily downloaded to a PC or laptop. The software required to process the cards once downloaded is included with the system.

Fee structures and hidden costs can significantly affect the overall net profit of a new business. The problem of hidden fees becomes even more apparent when you cannot collect charge backs, get refunds credited timely, or must pay for non-qualified transactions. These fees can begin to eat into operating budget quickly.

When you use a wireless system, there is only one flat service fee and no hidden fees. It is easy to calculate the minimum charge for items and include the costs of card processing in the price of items to offset the flat rate. In addition, there is no contract involved with the wireless system.

Using Paypal for wireless credit card processing gives you all of the merchant protection that Paypal offers their customers. There are not the usual problems with charge backs and refunds that you run in to with most major credit cards. The tracking of credit card purchases and contact information is easy to use and creates an avenue for following up with your customers.

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