Which of the Following Technologies is Your New Mobile Phone Payment Device Most Likely to Use?

Accepting credit card payments from your customers is faster and easier than ever. The days of being tied to a dedicated credit card terminal are long gone because a credit card payment app downloaded to your smartphone or mobile device enables you to accept payments from any location. This begs the question, are you maximizing the full potential of your payment app?

An Integrated Solution

Many businesses accept mobile payments in the field and in-person payments at a primary business location using different payment platforms. If this is the case for your business, you may need to reconcile payments from multiple payment solutions. However, modern and innovative payment processing solutions offer an integrated solution that offers real-time and comprehensive reconciliation. An integrated solution may improve financial management as well as inventory tracking and management solutions. When you take advantage of this critical feature, you can dramatically reduce the time and effort required to manage finances and inventory. At the same time, you can eliminate related errors and oversights.

Customer Convenience

The same payment app that your mobile team uses can be used in your store or restaurant to provide better customer service. For example, your food delivery drivers may accept payments through a mobile app, but customers who visit your establishment may have to follow an outdated payment process. They must wait for their check to be delivered to their table, hand their credit card to the server and wait for the server to return several minutes later. Your payment app can be used in your restaurant to eliminate this time-consuming inconvenience. You can likewise equip retail store staff with a mobile payment processing method or adapt the app’s use to fit your business’s unique needs in other ways.

Invoice Creation

The right credit card payment app for your business will simplify all aspects of your accounts receivable processes. If you are currently creating invoices on one platform and processing payments on another, you may be complicating the process unnecessarily. These invoices can be branded perfectly regardless of where they are created so that all invoices that are created by your team members have the same information and format.

The payment app that your team uses to process credit cards provides your business with exceptional benefits, but you may not be putting its full suite of features to use. Now is the ideal time to explore the available features that your preferred app offers and to explore new ways to use these features to improve internal processes and to provide your customers with a better overall experience.