Determining Your Brand’s Specific Payment Processing Needs

\"BusinessmanNo two businesses are alike. Even businesses within the same industry have their differences, of course. You could belong to the food industry but drive a food truck as opposed to open the doors of your restaurant each day. And even though you are in the business of selling food, the ways in which you run the daily operations of your business is vastly different than those of a traditional restaurateur.

With that said, it’s important to note that your company has very unique payment processing needs. For example, a food truck driver would most definitely benefit from the use of a wireless POS terminal. Naturally, with a travelling business, there is a need to process credit card and debit card payments without the inconvenience of having to plug your terminal into a wall. On, Christopher Alexander explains the benefits of investing in a sound mobile payment solution.

“Mobile card readers, such as those that connect to a smartphone or tablet, give you versatility,” he writes, “Small business owners are able to accept credit card payments wherever they are, and this added convenience leads to a better overall customer experience. Opting to invest in mobile credit card processing gives businesses more flexibility for accepting payments. It is also a necessity for businesses that rely on tradeshows and expos, because they can get conversions in the moment while they are interacting with their customers.”

Alexander also points out that owners of brick-and-mortar business locations have needs that are vastly different than that of the business owner on the go. In many cases, one POS terminal simply won’t do. This is certainly true for larger stores. “Depending on the size of your store, you may need to invest in multiple credit card terminals,” he writes, “If you only have one register, then you won’t have a need for multiple readers.” Both Countertop and Wireless terminals are viable options for such business owners.

Whether your business is mobile or stationary, there is another concern that needs to be met. E-commerce has made it so that businesses of any type or size can benefit from a worldwide audience. Selling your products online has practically become a must in today’s marketplace. As we’ve blogged about in recent weeks, Canadian consumers love online shopping – and Canadian merchants need to catch up!

Alexander explains that merchants who wish to sell their products online have to work with a payment provider who allows for such an option. “If you have an e-commerce solution, in addition to your physical store, or if you only sell products online, you will need a merchant services account that allows you to connect purchases made over the Internet to your business,” he informs.

Canadian POS Corporation proudly satisfies the needs of all business types. Whether you need either Countertop or Wireless POS terminals for your brick-and-mortar location, a mobile payment solution for your travelling business or an e-commerce solution, we’ve got you covered! For more information, please don’t hesitate to give us a call at 1-877-748-2884 or email us at info@localhost.

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