What is the best portable card reader for my mobile business?
I am a small business owner, i run a mobile home visiting foot health practice in Kent.
And i have been really struggling with my bank “Barclays” .
Because they keep shutting my local branches its getting crazy and to the point off having to make visits on Saturdays to a bank 15 miles away,
Because my local branch now shuts Saturdays too.!
My customers like to give me cheques and cash and when i get cheques it can take me 10-12 days before i am able to physically get into a branch to pay them in!.
Then wait 5 working days for the cheques to clear! Its 2016 people whats going on!
And off course i have the same issue with the cash.
When i had my haircut recently my regular hairdresser was off sick so one of her colleagues who is also self employed did my hair for me.
And afterwards when i paid she pulled out her own card reader and mobile phone and asked me to put my debit card in for payment .
I truly couldn’t believe how easy and fast the process was.
But even more how professional it was……..
Can i convert all my customers to pay using a portable card reader? and not have to keep making time to go to the bank?
I guess I’m a little behind the times with payment processing for my mobile business and have just put up with the stress and irritation of tracking a open bank down to pay my earnings into.
I believe have found the best portable card reader for my mobile business and its the same as Portia uses and its the Izettle.
My customers are so far very impressed with my new payment system and actually it helps them out too sometimes.
They maybe a little short of cash and would rather use their debit card and for customers who are house bound their cheque books are their lifeline for paying mobile services like me,
But having the option to hang on to a cheque which are getting like gold dust and use their debit cards is being well received.
As long as my elderly customers can remember their pin numbers!
Who should use a card reader to take debit card payments
- Any mobile and self employed service businesses.
- Chiropodist / Foot Health Practitioners
- Mobile Beauticians
- Self Employed Hairdressers and Mobile Hair Businesses
- Nail Technicians
- Home Visiting Physiotherapists
The Best 3 Portable Card Reader For My Mobile Business.
In no order……
At the end of the day all three companies offer mobile payment processing and the only real difference is the processing fees and the back end accounting options.
Sumup has lower transaction fees of just 1.95% compared to Izettle & Paypal 2.75% fees.
But of course the more transactions you process the fees will lower.
Also Paypal and IZettle offer a great back office with the option to do reporting and collect customer data and email contact for future marketing campaigns.
What you will need to take card payments on the go.
- Your mobile smart phone
- Bluetooth switched on
- Mobile data (3g/4g)
- Pre downloaded App on your phone
- The card reader
Thats it folks!
Now i can only tell you about the Izettle but the paypal card reader is pretty much the same concept with different fees.
What are the fees for portable card reader payments
My IZettle card reader cost me £34.80 it was on offer at www.izettle.com
My transactions vary between £17- £50 and the fee i pay is 2.75%.
So on a £20 charge i would be charged by IZettle 0.55p. (£0 – £2000 monthly transactions)
Transactions that add up over £2000 -£2500 2.74% -2.55%
Transactions that add up over £2500- £5000 2.55%- 1.92%
I personally feel these fees are 100% worth paying because it removes the stress and irritation of making time to visit a bank,
I save petrol money, queuing and most important i don’t waste my valuable time,
Will your customer feel happy and confident using their cards?
When you have taken payment you have the option to email or text your customer a receipt this is what it looks like for an email receipt.
The feedback from my customers is very positive and its moving with the times and saves you writing out a hand written receipt!
Also the back office on the Izettle website tracks and reports daily and monthly transactions,
so if you process all your payments through the App you will not have to do daily accounts.
I push my cash payments through on the App so it adds up all my transactions for me!
I can then print off at the end of the month the transaction report which shows all my fees too.
Benefits i have found using a portable card reader.
- Makes me and my business look more professional.
- Saves me 4 hours a month not going to a bank!
- Collects customer email addresses which i can use for marketing.
- My customers prefer to use their debit cards instead of cash.
- More time saved by printing my end of week sales in 5 minutes.
Problems i found using a portable card reader for my mobile business
- You need phone date to process the transaction.
- Its more equipment to carry in my bag.
- Some of my elderly customers can’t remember their PIN numbers!
- I loose 2.75% a day of my profit.
For me the benefits out weigh the cons of the fees i pay to process the transactions in my business,
The most stress my business cause me is my lack of time to do “other stuff” like the back end admin side of running my small business,
This includes going to the bank, accounts, year end tax returns,
What the IZettle gives me is MORE TIME!
I could kick myself , thinking
How much time and hassle i would have saved myself from my twice weekly hunting trips to find a barclays bank that was actually open locally.
I will start the 2017 as i mean to go on and convert 80% of my business from cash and cheques to card payments.
And this will allow me not to worry about visiting a bank more than 2 times a month!
I personally believe that the IZettle portable card reader for my mobile business is the best and simplest solution to take debit card payments on the go in my small business.
But they are not the only provider to offer portable card readers so do your research first and learn more about the back office side the provider can offer you.
Getting valuable data and analytic information will help grow your business each year.
You have got to be kidding mr bank!
I have just been invited to pilot a new scheme to scan my cheques using my iPhone for online processing!
This process means i scan the cheque and wait 5 days for the payment to be processed.
I wonder what i do with the physical cheque? well the staff had no idea when i asked them.
Well I’m sorry Mr Bank Manager its a little to late for me and my business because I’ve moved with the times and am just super happy with my Izettle.