Kristina Kapanova
POS - means the point of sale (the place andtime) where money changes hands.In most of 19th and 20th century paymentswere ...
Mobile credit card processing services letbusinesses and freelancers use asmartphone/tablet to take payments anywherethere...
Squares products cater to everyone from the solo, mobileentrepreneur to high-volume stores.The card reader comes either fo...
PayPal is long established name in the mobile paymentservices.Currently for US, Canada, Hong Kong, UK, and Australia.The c...
iZettle is social payments company, which offers securepayment services, which includes an app and mii-chipcard reader for...
The deal website Groupon also created a smart phone-basedcredit card payments system.Available in US.Free card readerThe f...
Currently for US and Canada, and plans to go global.Offers Pay-as-you-Go and monthly subscription.Free card ReaderPay-as-y...
Available in US.The fees are 2.7% per swipe, with, keyed-in transactionscost 3.50% and 19¢ per transaction.The card reader...
Available in US.The card reader comes for free.The fees are 2.69% per swipe, with, keyed-intransactions cost 3.49% and 19¢...
Thank You!              Email              kkapanova@gmail.com              Twitter              @k_kapanova              ...
Upcoming SlideShare
Loading in...5
×

Smartphones as payment processing devices

829

Published on

Learn about mobile credit card processing services and their features.

Published in: Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
829
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
35
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Visa, MasterCard, American Express, and Discover cards 
  • Smartphones as payment processing devices

    1. 1. Kristina Kapanova
    2. 2. POS - means the point of sale (the place andtime) where money changes hands.In most of 19th and 20th century paymentswere made by cash or check, and merchantswere using registers.1974 - beginning the use of barcodes in businesstransactions in markets.1974- 2000s – businesses adding computerterminals, card swipe devices, signature pads toaccommodate payments.11/26/2012 2
    3. 3. Mobile credit card processing services letbusinesses and freelancers use asmartphone/tablet to take payments anywherethere is mobile service.You need smartphone/tablet, mobile connection,card swiper, and mobile app.Payment Card Industry Data Security Standard(PCI-DSS). PCI-DSS is a set of policies andprocedures to enhance the security of credit, debitand cash transactions as well as protect cardholderinformation..11/26/2012 3
    4. 4. Squares products cater to everyone from the solo, mobileentrepreneur to high-volume stores.The card reader comes either for free or you are charged10$ for it.Operates in United States and Canada.Square charges a fee of 2.75% on every credit cardtransaction or 3.50% plus $0.15 cost per manually-enteredtransactionSquare Wallet - allows customers to open a tab and payonly by telling their names with the system charging theircredit card on file11/26/2012 4
    5. 5. PayPal is long established name in the mobile paymentservices.Currently for US, Canada, Hong Kong, UK, and Australia.The card reader comes for free.PayPal Here offers a flat rate of 2.7% for card swipes andPayPal payments.The app is used not only for accept card payments andtrack cash, but also to allow tracking inventory, chargingmoney to customers and sending invoices.11/26/2012 5
    6. 6. iZettle is social payments company, which offers securepayment services, which includes an app and mii-chipcard reader for a mobile device.The company was founded in 2010 in Sweden and iscurrently available in Sweden, Norway, Denmark, Finland,The United Kingdom and Germany.The chip-card reader come for free.The fees depend on country location but in UK andSweden it is 2.75% per card-swipe.The App allows great customization of products,categories, VATs, discount options, etc.11/26/2012 6
    7. 7. The deal website Groupon also created a smart phone-basedcredit card payments system.Available in US.Free card readerThe fees are 1.8% of credit card sales, plus a $0.15 pertransaction fee for MasterCard, Visa and Discover cards. ForAmerican Express cards, it charges 3 percent plus the 15 centfee.Customizable Tax settings.Entirely compatible with the Groupon Deals System for claimingdiscounts.Through the app you can track sales reports and trends11/26/2012 7
    8. 8. Currently for US and Canada, and plans to go global.Offers Pay-as-you-Go and monthly subscription.Free card ReaderPay-as-you-Go swipe fee 2.75%, with no transaction fee,and 3.75% for manually-entered transaction. MonthlyService comes for $12.95/month with 1.75% per swipefee, and 2.75% for manually-entered transaction.It can look up and assess the correct sales tax based onyour current GPS locationIntegration with QuickBooks11/26/2012 8
    9. 9. Available in US.The fees are 2.7% per swipe, with, keyed-in transactionscost 3.50% and 19¢ per transaction.The card reader comes for free.Allows QuickBooks integration.Ability to set up multiple merchant accounts inside a singleapp.It can look up and assess the correct sales tax based on yourcurrent GPS location.Offers Cash drawer functionality.View sales trends and tracking tool.11/26/2012 9
    10. 10. Available in US.The card reader comes for free.The fees are 2.69% per swipe, with, keyed-intransactions cost 3.49% and 19¢ per transaction.It can look up and assess the correct sales tax based onyour current GPS location.Real-time reports display both cash and credit cardtransactions to show sales, refunds, voids, and totals.11/26/2012 10
    11. 11. Thank You! Email kkapanova@gmail.com Twitter @k_kapanova Google+ Kristina Kapanova Blog www.blankchapters.com11/26/2012 11
    1. A particular slide catching your eye?

      Clipping is a handy way to collect important slides you want to go back to later.

    ×