When starting your own business, it is important to have the infrastructure in place to support and foster growth. Whether you own a permanent retail location in a strip mall, run a food truck in the city, or sell to customers using a mobile setup at a farmer’s market, you need a comprehensive plan in place so you can get paid. Mobile credit card processing is growing in popularity as customers want to be able to use their credit and debit cards, as well as cash, when making a purchase.
In addition to managing inventory and balancing your books, your ability to accept and process payments goes a long way toward your having sustained success. While you may firmly believe that “cash is king,” you must be able to implement new payment technology so you can reach more customers than ever. This includes the ability to accept cards as payment, both in-store and online. In order to make the best decision for your business, it is important to determine the value of credit card processing and weigh it against the costs and risks.