Best Mobile Credit Card Processing-Everything you Need to Know!

 Mobile credit card processing is one of the most convenient and efficient ways to process payments. It allows businesses to accept credit cards without a physical point-of-sale (POS) system, making it ideal for small businesses or businesses that operate in multiple locations. Mobile credit card processors typically use a smartphone or tablet to swipe or key in credit card information and then send the information to the processor for approval.


There are a few things to consider when choosing a mobile credit card processor, including transaction fees, payment gateway fees, and compatibility with your existing POS system (if you have one). You'll also want to make sure the processor offers features that are important to you, such as the ability to send invoices or receipts via text or email, tracking inventory, and offering loyalty programs.


To help you find the best mobile credit card processing for your business, we've compiled a list of our top picks based on transaction fees, payment gateway fees, features, and compatibility.


Best Overall: Square


Square is one of the most popular mobile credit card processors because it's easy to use and offers a variety of features for businesses of all sizes. There are no monthly fees or long-term contracts, and you can start accepting credit cards immediately after signing up.


Square charges a per-transaction fee of 2.75%, which is on the lower end of the spectrum for mobile processors. It also offers a free payment gateway so you can accept payments online or through invoices.


Square is compatible with a wide range of POS systems, making it a good option for businesses that are looking to upgrade their existing system or switch to a new one. Additionally, Square offers features like inventory tracking, customer management, and loyalty programs.


Best for Small Businesses: PayAnywhere


PayAnywhere is a good option for small businesses because it offers low transaction fees and a free mobile app. There are no monthly fees, and you can start accepting credit cards immediately after signing up.


PayAnywhere charges a per-transaction fee of 2.69%, which is one of the lowest rates available for mobile processors. It also offers a free mobile app that allows you to accept credit card payments on the go.


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