Accept Credit Cards On Your iPhones
- Thread starter ahoustondj
- Start date
djsarge
Mac Daddy DJ
To encourage swiping cards vs keying them and also by swiping the card adds another level of security against chargeback requests and shows proof that the card was presented to the merchant and hopefully identity verified.
In two words.
Fraud Reduction.
Keyed in means somebody just told you a number & the other details, it really doesn't mean the card holder did.
Swiped means the card was present & you verified that it matched the ID presented.
Fraud Reduction.
Keyed in means somebody just told you a number & the other details, it really doesn't mean the card holder did.
Swiped means the card was present & you verified that it matched the ID presented.
djsarge
Mac Daddy DJ
So as the user, I get penalized if someone gives me a stolen number. Which also means I can't take payment over the phone this way.
It's the same in all industries... for example here at the hotel we have to maintain a 75% swipe rate or we loose our bulk discount through Merchant Services....
Squareup is the same but, they just droped the .15 cent per transaction fee and is now just 2.7% per transaction for swiped but 3.5% for keyed in.
Trust,
It's all about who you trust. I take card numbers over the phone from people I trust, not from strangers. I take a swiped card over a keyed one every time I can. They feel better about it & so do I.
As the merchant, you are the first line of defense against fraud.
Just to really make your day, do you know that it you take a rewards card, your the one paying for all those bonus miles & discounts. Reward cards can cost you as much as 6%......
It's all about who you trust. I take card numbers over the phone from people I trust, not from strangers. I take a swiped card over a keyed one every time I can. They feel better about it & so do I.
As the merchant, you are the first line of defense against fraud.
Just to really make your day, do you know that it you take a rewards card, your the one paying for all those bonus miles & discounts. Reward cards can cost you as much as 6%......
djsarge
Mac Daddy DJ
G
Guest
Guest
I only accept cards online and I never take Cc info. They must go to my site and click on the payment link.
I don't think the little bit of business I lose say night of for OT or tips is enough to want me to keep any clients CC info. This way no one can ever say I stole or gave away their info.
Peace of mind for me. Oh, and I use WEDJ merchant account. They say it is the best rate available. I have no reason to not believe them.
I don't think the little bit of business I lose say night of for OT or tips is enough to want me to keep any clients CC info. This way no one can ever say I stole or gave away their info.
Peace of mind for me. Oh, and I use WEDJ merchant account. They say it is the best rate available. I have no reason to not believe them.
The swiped rate with the ADJA Intuit program is 1.7% best rate.
This is why I feel a swiper for a smart phone is valuable. Those charges can be handled right then. I use it to take deposits at a meeting. Simple & easy, they get a receipt emailed & I don't have their card info.
We based payments are always more than card present swiped rates.
This is why I feel a swiper for a smart phone is valuable. Those charges can be handled right then. I use it to take deposits at a meeting. Simple & easy, they get a receipt emailed & I don't have their card info.
We based payments are always more than card present swiped rates.
Drax that's a darn good rate... is that available to Anroid phones or just iPhones?
Are there any monthly fees or just the 1.7% per transaction?
Are there any monthly fees or just the 1.7% per transaction?
Joker,
It works with any smartphone. There is a $9.99 monthly fee but it is easily absorbed if somebody uses cards as their preferred method of payment.
Call me if you would like more details.
It works with any smartphone. There is a $9.99 monthly fee but it is easily absorbed if somebody uses cards as their preferred method of payment.
Call me if you would like more details.