27 May Accepting Payments at Trade Shows
One of the best means to make a business popular and sell products locally is to attend and show up on trade shows. In the past, businesses need only a lock box in order to make transactions in trade shows. However, these days, people tend to carry less cash. Moreover, they would expect business owners to be able to accept credit cards to make a transaction.
Nowadays, a flexible payment solution is a must. This smart solution is able to perform effective credit card processing and this comes in a wide array of methods. Such a smart solution can come in the form of phone payment, virtual terminals, and portable swipe devices. These payment system solutions are indeed perfect for trade shows as business owners would be able to accept payments effectively and securely.
Bring a Portable Merchant Hardware
Business owners can bring a portable merchant hardware so they will be able to accept payments at trade show events. This device may be acquired from the bank. However, business owners can apply for this online or in person. Approval time for this application may vary. Once approved, one can benefit from this smart payment solution. There may be transaction fees as well as monthly fees that will apply.
Virtual Terminal Merchant Accounts
Another great payment solution to use during trade shows is the virtual terminal merchant accounts. For this option, business owners would need a laptop as well as a secure wireless internet connection. This is performed by simply logging on to the merchant account before typing the credit card information. This is a simple and easy method in credit card processing.
Use a Smart Phone
Using a smart phone to make transactions and accept payments at trade show events is another innovative solution. Smart phones can be incorporated with useful applications to help mobile entrepreneurs do business in a more efficient and secure way. For instance, business owners with smart phones can accept payments through swiping credit cards using a small add-on device. This add-on device is small and functions to read the credit card information completing the transaction on the spot.
Simple Dial in Payment System
For business owners who do not have any smart phone, they can opt for the simple dial in system to make transactions and accept payments at trade shows. This payment solution is supported by any type of mobile phone. For this option, there is nothing that needs to be set up making this option rather convenient.