Learn about mobile credit card processing services and their features.

1. Kristina Kapanova

2. POS - means the point of sale (the place and
time) where money changes hands.
In most of 19th and 20th century payments
were made by cash or check, and merchants
were using registers.
1974 - beginning the use of barcodes in business
transactions in markets.
1974- 2000s – businesses adding computer
terminals, card swipe devices, signature pads to
accommodate payments.
11/26/2012 2

3. Mobile credit card processing services let
businesses and freelancers use a
smartphone/tablet to take payments anywhere
there is mobile service.
You need smartphone/tablet, mobile connection,
card swiper, and mobile app.
Payment Card Industry Data Security Standard
(PCI-DSS). PCI-DSS is a set of policies and
procedures to enhance the security of credit, debit
and cash transactions as well as protect cardholder
information..
11/26/2012 3

4. Square's products cater to everyone from the solo, mobile
entrepreneur to high-volume stores.
The card reader comes either for free or you are charged
10$ for it.
Operates in United States and Canada.
Square charges a fee of 2.75% on every credit card
transaction or 3.50% plus $0.15 cost per manually-entered
transaction
Square Wallet - allows customers to open a tab and pay
only by telling their names with the system charging their
credit card on file
11/26/2012 4

5. PayPal is long established name in the mobile payment
services.
Currently for US, Canada, Hong Kong, UK, and Australia.
The card reader comes for free.
PayPal Here offers a flat rate of 2.7% for card swipes and
PayPal payments.
The app is used not only for accept card payments and
track cash, but also to allow tracking inventory, charging
money to customers and sending invoices.
11/26/2012 5

6. iZettle is social payments company, which offers secure
payment services, which includes an app and mii-chip
card reader for a mobile device.
The company was founded in 2010 in Sweden and is
currently available in Sweden, Norway, Denmark, Finland,
The United Kingdom and Germany.
The chip-card reader come for free.
The fees depend on country location but in UK and
Sweden it is 2.75% per card-swipe.
The App allows great customization of products,
categories, VATs, discount options, etc.
11/26/2012 6

7. The deal website Groupon also created a smart phone-based
credit card payments system.
Available in US.
Free card reader
The fees are 1.8% of credit card sales, plus a $0.15 per
transaction fee for MasterCard, Visa and Discover cards. For
American Express cards, it charges 3 percent plus the 15 cent
fee.
Customizable Tax settings.
Entirely compatible with the Groupon Deals System for claiming
discounts.
Through the app you can track sales reports and trends
11/26/2012 7

8. Currently for US and Canada, and plans to go global.
Offers Pay-as-you-Go and monthly subscription.
Free card Reader
Pay-as-you-Go swipe fee 2.75%, with no transaction fee,
and 3.75% for manually-entered transaction. Monthly
Service comes for $12.95/month with 1.75% per swipe
fee, and 2.75% for manually-entered transaction.
It can look up and assess the correct sales tax based on
your current GPS location
Integration with QuickBooks
11/26/2012 8

9. Available in US.
The fees are 2.7% per swipe, with, keyed-in transactions
cost 3.50% and 19¢ per transaction.
The card reader comes for free.
Allows QuickBooks integration.
Ability to set up multiple merchant accounts inside a single
app.
It can look up and assess the correct sales tax based on your
current GPS location.
Offers Cash drawer functionality.
View sales trends and tracking tool.
11/26/2012 9

10. Available in US.
The card reader comes for free.
The fees are 2.69% per swipe, with, keyed-in
transactions cost 3.49% and 19¢ per transaction.
It can look up and assess the correct sales tax based on
your current GPS location.
Real-time reports display both cash and credit card
transactions to show sales, refunds, voids, and totals.
11/26/2012 10

11. Thank You!
Email
kkapanova@gmail.com
Twitter
@k_kapanova
Google+
Kristina Kapanova
Blog
www.blankchapters.com
11/26/2012 11