I have written about mobile payment systems for small businesses before and how it is now becoming easier and cheaper for them to take credit card and debit card payments from their customers.
In fact, I have been using iZettle, which is a system I use for taking payments using my iPad and Android phone, for a few weeks now. It's cheap to set up (especially if you already own an iPad or smartphone) and pretty easy to use. It's only problem, until now, was that it was not a chip and pin system, so it felt slightly less secure than those systems you use in shops when you pay by card and tap in your four digit PIN.
However, iZettle has just launched a new chip and pin version which means that for £60 for the card reader, you can now take secure payments from customers without the hassle of asking customers for a signature on your iPad.
An interesting development for mobile payment systems for small businesses is the imminent arrival of 'PayPal Here'. As the name suggests, the well known online payment brand is bringing out its own kit to enable you to take payments from your customers who want to pay for your products or services using a debit or credit card.
PayPal Here (https://www.paypal.com/uk/webapps/mpp/credit-card-reader) uses chip and pin, so it's more secure and will instil confidence in your customers that their details are safe. It will cost about £100 to buy the unit and PayPal takes a percentage of each payment (3% or less) and there are no monthly costs.
The big difference between iZettle and PayPal is the fact that not many know iZettle, but lots of people know about PayPal. This suggests that more people will be happy to pay for your products or services if you have PayPal Here. However, that might not make a difference.
The main point is that now there is no excuse for turning down sales for customers who don't have cash to pay. Get yourself hooked up with iZettle or PayPal Here.
In fact, I have been using iZettle, which is a system I use for taking payments using my iPad and Android phone, for a few weeks now. It's cheap to set up (especially if you already own an iPad or smartphone) and pretty easy to use. It's only problem, until now, was that it was not a chip and pin system, so it felt slightly less secure than those systems you use in shops when you pay by card and tap in your four digit PIN.
However, iZettle has just launched a new chip and pin version which means that for £60 for the card reader, you can now take secure payments from customers without the hassle of asking customers for a signature on your iPad.
An interesting development for mobile payment systems for small businesses is the imminent arrival of 'PayPal Here'. As the name suggests, the well known online payment brand is bringing out its own kit to enable you to take payments from your customers who want to pay for your products or services using a debit or credit card.
PayPal Here (https://www.paypal.com/uk/webapps/mpp/credit-card-reader) uses chip and pin, so it's more secure and will instil confidence in your customers that their details are safe. It will cost about £100 to buy the unit and PayPal takes a percentage of each payment (3% or less) and there are no monthly costs.
The big difference between iZettle and PayPal is the fact that not many know iZettle, but lots of people know about PayPal. This suggests that more people will be happy to pay for your products or services if you have PayPal Here. However, that might not make a difference.
The main point is that now there is no excuse for turning down sales for customers who don't have cash to pay. Get yourself hooked up with iZettle or PayPal Here.
PayPal Here already has thriving competitors in the UK such as mPowa (www.mpowa.com) and iZettle. Personally, I'm using mPowa and truth be told I have never really liked Prey...er..PayPal.
ReplyDeleteThanks for your comment. I use iZettle at the moment with the chip & signature version, although they now have a chip and pin version.
DeleteIt's very good and simple to use. The only downside to the chip & signature version is that it does not work well with VISA. You have to send a message to someone to verify it on their smartphone.