Read this article and discover the best and most popular mobile credit card reader systems for small businesses and startups in the UK!
Mobile credit card readers or also known as mPOS or mobile Point of Sale systems give you an option to accept credit or debit card payments by using your tablet or smartphone instead of a POS system or a terminal. Besides the difference in the hardware, as well as, the features used to capture data on your buyer’s card, the process is really identical to credit or debit card processing. You take the credit/debit card and you run the transaction. During the transaction, the information on your customer’s card is transmitted securely to the system, the credit card network, the issuing bank of the customer, and your bank account where the transaction (minus the processing fee) is deposited.