In a technological world that is ever changing, wireless credit card machines are becoming the new fashion for both businesses and customers.
Customers can now buy products at a basketball game, in a parking lot or on an airplane without moving from their seats. The merchant will bring a wireless credit card machine to the customer for swiping. This has given merchants added business and has given small businesses more opportunity to succeed. The need for a phone line is eliminated as well and saves the merchant more money.
Merchants can now also turn their own desktop or laptop computers into a simple wireless credit card machine using specific software and adding a swiper on the side.
Businesses should keep in mind that wireless credit card machines can be pricier, especially if there is a monthly wireless plan involved with a carrier. Merchants can compromise and choose a wireless terminal that does not have too many unnecessary features and this will compensate for the added wireless cost.
The most important wireless credit card machine is the Internet itself which provides customers the option of shopping from home, whether it is buying groceries or a car. Online shopping has revolutionized the shopping industry and has had a large effect on the economy. Since there is a computer handling the transaction efficiently and without a live person involved, some people have gotten comfortable and prefer this as their main shopping method.
The way it works online, is that since there is no machine for the customer's card to be swiped in, the information is manually entered. The customer enters their 16 digit code on the front of the card along with the expiration date. Some businesses will ask for the unique three digit code located on the back of the card to verify the authenticity of the card holder.
Customers that still want to pay using a wireless machine but prefer speaking with someone can also order products by telephone. The same information that is required in an online transaction is verbally relayed to the merchant instead.
Perhaps the most technologically savvy device these days is the i-phone. The i-phone was one of the first wireless credit card machines to fit in a customer's pocket. Phone applications, bills and more can be paid for by credit card with a couple clicks of a button. Both the i-phone itself and many websites online allow the customer to save their card information for future purchases. This makes transactions doubly efficient.
Both businesses and customers should be aware that wireless credit card machines are just as safe as the old fashioned wired terminals and are secured digitally through whatever wireless network that is being used.