Over the past year, many companies have started offering smartphone credit card scanners to home-based business owners looking for an affordable way to accept and process credit card payments from wherever they are. As many business owners are discovering, these new technological gadgets are giving small businesses the edge needed to compete in the marketplace.

Handheld Credit Card Payment Scanners Are Helping Businesses Grow

Since people who own and run home-based businesses typically do not have customers come to their home, having a way to accept payments is definitely helping home-based business owners grow their business. Now, businesses do not have to wait for payment or accept checks because these readers can be used to process major credit card and debit cards with the Visa or MasterCard logos.

The Popularity of Credit Card Scanners Are Expected to Grow Over the Next Year

According to recent statistics, billions of dollars are already being processed with mobile credit card processing readers. That trend is expected to increase as more small retailers and home-based businesses begin to use smartphone credit card readers to accept and process payments. Some of the payment processing companies even allow business owners to access the cash they have accepted. This is one of the biggest advantages of using mobile credit card readers to process payments.

Businesses Can Save Money by Using a Smartphone Credit Card Scanner

Having a way to accept payments while away from home, is helping many home-based business owners grow their business without the need for expensive credit card equipment. In addition, home-based businesses can save money on transaction fees, too. Most companies that offer mobile credit card scanners offer their reader free of charge and do not charge application fees. Companies that offer this service make their money by charging a small transaction fee each time the reader is used to process a credit card. These credit card scanners really offer home-based businesses the flexibility they need to run a business from anywhere.

Cell Phone Credit Card Scanners Are Flexible and Easy to Use

These credit card scanners are easy to use and plug directly into the USB or earphone jack of any smartphone. In a matter of minutes, business owners will be up and running. Credit card readers are available for smartphones that have either an Android or an IOS operating system. What business owners like most about these plug-and-pay credit card scanners is that they can be used anywhere. To accept and process a payment immediately, business owners simply have to swipe a customer’s credit card directly into the reader. Having a credit card scanner is extremely helpful because many customers do not carry cash or use checks these days. With a credit card scanner, business owners can accept every major credit card and debit cards with a Visa or MasterCard logo.

With so many different options to choose from, many home-based business owners are using smartphone credit card scanners now to accept and process payments. In addition to offering the flexibility they need to run a business, these handheld readers are helping business owners save a significant amount of time and money.

Ron Sherman is a freelance writer who focuses on technology, computer hardware and software, cell phones, and general gadgetry; to learn more about scanning products from honeywellaidc.com be sure to click here.