A few years back an Oldsmobile commercial said, “This is not your father’s Oldsmobile.” The same could be true with your merchant account. No longer do you need to have a credit card terminal at hand. No longer do you even need to have a computer at hand.
With the advent of smart phones and i-phones, a mobile processor can turn a mobile phone into a credit card terminal without any extra equipment. Just imagine being able to close a sale completely at the site! Your merchant account can now go fully online with complete portability.
The best news is that it is not only quicker, it is also as safe or even safer than the old paperwork because the credit card number gets translated into a different account number along the way.
