A checklist for choosing the right mobile payment app<br />paysimple.com |  follow @PaySimple | facebook.com/paysimple<br />
Accepting credit cards on your mobile phone<br />Multiple mobile app options available<br />Which is right for your busine...
Do you need a merchant account?<br />Merchant Account<br />No Merchant Account<br />Application & underwriting – Must have...
Find an app that bundles with a merchant account<br />The merchant account allows you to accept credit cards<br />Find a p...
Do you have repeat customers?<br />Securely store customer payment information<br />Charge cards that you already have sto...
Access from a web application<br />Find an app that lets you access the same account from a computer browser<br />Fully sy...
Good communication keeps everything transparent<br />Email payment receipts<br />Other communications as necessary<br />Ke...
Do you need other payment methods?<br />Sending an invoice<br />Running a payment from a virtual terminal<br />Set up recu...
Do you have multiple users?<br />Employees, Associates, or Contractors<br />Not all apps allow for multiple logins<br />Be...
What devices do you use?<br />Different devices have different requirements<br />All functionality may not be available on...
System compatibility<br />Find an app that can export data in a format that agrees with your accounting solution and other...
Some other questions to ask:<br />Is it secure?<br />Does it come with real live phone support?<br />What about the pricin...
Thank you!<br />www.paysimple.com |  follow @PaySimple | facebook.com/paysimple<br />
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A Checklist for Choosing the Right Mobile Credit Card App

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This handy checklist will help you decide which mobile credit card app is best for your business.

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A Checklist for Choosing the Right Mobile Credit Card App

  1. 1. A checklist for choosing the right mobile payment app<br />paysimple.com | follow @PaySimple | facebook.com/paysimple<br />
  2. 2. Accepting credit cards on your mobile phone<br />Multiple mobile app options available<br />Which is right for your business?<br />Use the following checklist when researching your options<br />
  3. 3. Do you need a merchant account?<br />Merchant Account<br />No Merchant Account<br />Application & underwriting – Must have a business<br />1-3 day standard deposit time<br />Deposits directly to your bank account<br />Higher transaction volumes (typically what your business needs to process)<br />No underwriting – You do not need a business<br />Typically entails funding delays (until your account is audited)<br />Some don’t deposit to your bank account<br />Low caps on transaction volume (ex: you can only process $1,000 per week)<br />
  4. 4. Find an app that bundles with a merchant account<br />The merchant account allows you to accept credit cards<br />Find a partner to assist you<br />Do you need a merchant account?<br />www.paysimple.com | follow @PaySimple| facebook.com/paysimple<br />
  5. 5. Do you have repeat customers?<br />Securely store customer payment information<br />Charge cards that you already have stored in your app<br />
  6. 6. Access from a web application<br />Find an app that lets you access the same account from a computer browser<br />Fully synced with app<br />Deeper functionality<br />
  7. 7. Good communication keeps everything transparent<br />Email payment receipts<br />Other communications as necessary<br />Keep all parties on the same page<br />Communicate payment information<br />
  8. 8. Do you need other payment methods?<br />Sending an invoice<br />Running a payment from a virtual terminal<br />Set up recurring payments<br />Online payment forms<br />
  9. 9. Do you have multiple users?<br />Employees, Associates, or Contractors<br />Not all apps allow for multiple logins<br />Be sure to check for multiple-user fees when making a decision<br />
  10. 10. What devices do you use?<br />Different devices have different requirements<br />All functionality may not be available on all platforms<br />Keep the future in mind…<br />
  11. 11. System compatibility<br />Find an app that can export data in a format that agrees with your accounting solution and other business applications.<br />
  12. 12.
  13. 13. Some other questions to ask:<br />Is it secure?<br />Does it come with real live phone support?<br />What about the pricing?<br />Does the app come from a solution with a proven track-record?<br />
  14. 14. Thank you!<br />www.paysimple.com | follow @PaySimple | facebook.com/paysimple<br />

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