Advantages and Disadvantages of Using Credit Card Reader Apps

Princeton,NJ/ 360prwire/ November 10/

Secure and efficient payment processing in business is important. Mobile payment processing has been a lifesaver for many small business owners. This is because it makes it easy for them to process debit and credit cards at any location.

Before the invention of mobile card readers, businesses used a terminal that was hard-wired in a fixed position. With mobile Credit card reader apps, you can process payments anywhere, from an outdoor market, pop-up store, food truck, trade show, or even a customer’s place of business. Besides, accepting payments during the time of purchase means your business will get paid quickly. This is better than waiting on the check to get approved or an invoice to be sent and paid.

There are some advantages and disadvantages to consider before you start using Credit card reader apps. The advantages include:

Credit Card Reader Apps Lower the Risk of Losses Related to Fraud

A major trigger in the transition to credit card app readers is enhancing security. All small businesses that process cards must comply with the Payment Card Industry-Data Security Standard (PCI-DSS). PCI-DSS is a set of rules that guarantees sensitive cardholder data is well protected. Companies that process card payments have three security features, including tokenization, EMV processing, and encryption. As the security concerns continue to evolve, every small business must stay updated on the recent risks. Using credit card reader apps such as credit card reader for iPhone or credit card reader for android is the best way to ensure your mobile payment processing system that your business utilizes has tokenization, EMV processing, and encryption.

They Offer a High Level of Convenience

Until the other day, if you needed to approve and process a credit card, you required a terminal that was hard-wired in a fixed location. Nevertheless, with mobile technology, you can transform your tablet or smartphone into a credit card terminal. This is achieved through the credit card scanner app. This offers you the freedom to accept your payments from any location. So, this is a perfect option for those who don’t or business from a permanent location. Farmers’ markets, trade shows, and food trucks are the perfect location for a mobile credit transaction. The payment will be facilitated by a credit card reader for android conveniently. The majority of people don’t walk around with solid cash and offering them a chance to use their credit card scanner app and make payment will help you make more sales.


In the current marketplace, aesthetics are vital. Consumers not only want to make a purchase, but they also need to experience it. When you use Credit card reader apps to process credit cards, it looks elegant and simple. No one needs the bulky processing device and in its place is a smartphone or tablet with an app. The majority of merchants utilize their smartphones as their point of sale unit, offering their checkout counter a minimal and streamlined look that matches the modern sensibilities.

They Offer Simplified Pricing

The majority of mobile processes provide a pay as you go or short-term contracts. On the other hand, traditional credit processing systems will want to enslave you to their long-term contractors. For a new and small business, mobile credit card processing apps are the best option. The fees and rates are lower and easy to comprehend. Nevertheless, with all the credit card processing, you should ensure that you read the terms and conditions to understand the fees, rates, and terms for getting the app.

Improves Legitimacy of Your business

An efficient and secure credit processing system will improve the credibility of your business. If you run a small business and you don’t have sufficient funds to purchase portable EFTPOS machines, you can opt for Credit card reader apps.

Disadvantages of Using Credit Card Reader Apps

They Offer Minimal Support

Even if there are numerous pros associated with mobile credit processing apps, they have their downsides. One of these disadvantages is that they don’t offer enough customer support. Bear in mind that customer support is one of the most important things about your credit card processing. Whenever you get into trouble with the app, you want to be sure you have the required resources to remedy the situation. High-quality convectional processors provide 24-hour live phone support. When processing credit cards, many things might go wrong. You do not want to lose repeat clients or valuable sales because the app suddenly stops working.

Technology Hitches

It is safe to say that sometimes, smartphones and tablets are prone to glitches and other unprecedented hiccups. It can be frustrating if the credit card scanner app fails while serving customers.

Final Thoughts

There are numerous things to consider when deciding between traditional credit card processing or mobile credit card processing apps. Many businesses are moving to mobile since it offers ease of use and flexibility.


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Adam Ali