Modern shoppers have slowly ebbed away from paying for goods and services with cash and checks, and they have gravitated instead towards paying with plastic. This has presented a bit of a challenge to some small businesses, because purchasing credit card processing software and hardware can cost quite a bit of money up-front.
In some cases, your company’s annual profits may not justify the additional cost of purchasing credit card processing machinery. Or, you may operate a business out of your home or a small office that won’t support bulky credit card processing equipment. If this sounds like your situation, you will be happy to know that you have the option of processing credit card transactions by phone. Not only will this help eliminate the need for purchasing costly equipment, but it will also allow you to conveniently accept customer credit card payments no matter where they are located or where you are located.
Benefits of processing credit cards over the phone
As a business owner, you are undoubtedly looking for ways to grow your business and increase your profits. One of the best ways to do this is by offering your customers quality products and allowing them to pay for those products in a way that is convenient to them. Here are some of the ways that the best telephone credit card processing can help you to achieve these goals:
• Greater convenience
• Payment flexibility
• No need to purchase expensive equipment
By using the best telephone credit card processing services, you will make it more convenient for your customers to purchase from you. Let’s face it, if your company doesn’t have a way to accept credit card payments you will probably end up losing business because that is how most people prefer to pay. Not only is it easier for customers to pay by credit card, but they also have the option of earning rewards points on their credit cards. They can’t earn these same rewards points if they pay with cash or a check, so adding the convenience of telephone credit card payments will help to boost your business.
The flexibility of telephone credit card processing is especially helpful to companies that don’t work out of one location, such as consulting businesses, cleaning companies, repair and service companies, or any other company that can benefit from being able to take credit card payments over the phone. There are many different quality telephone credit card processing companies that can help you get set up to take credit card payments over the phone for the convenience of both you and your customers. If you want to ensure that you get the service and reliability that you need, then you will need to take some time to narrow down your options and choose the best telephone credit card processing companies you can find.
No need to purchase expensive equipment
Of course one of the greatest benefits of taking credit card payments over the phone is that you don’t need to have a physical location that is equipped with checkout terminals and expensive credit card processing equipment. Instead, you can keep things simple and set up an account with a reputable telephone credit card processing company that will allow you to take credit payments quickly and easily over the phone. This means that you won’t have to fork out a lot of money in advance just to be able to take credit card payments, which can help you to save money and focus on growing your business without the added expense of credit card processing equipment.
How to set up your business to receive credit cards over the phone
Luckily, getting set up to accept credit cards over the phone is very simple because telephone credit card processing companies will walk you through the process. Before you decide which telephone credit card processing companies to work with, make sure that you do some research to find out what specific telephone credit card processing services you want to have. Not all telephone credit card processing companies are created equal, so be sure to compare prices and services to make sure that you are getting the best deal available.
Once you choose a company that you want to work with, they will have you set up a merchant account so that you can accept credit card payments. You will then be given a phone number that you will call each time you want to use the company’s telephone credit card processing services. You will then be guided through a prompt system that will have you enter the credit card number and the amount of the purchase via your phone. The transaction will be either accepted or declined while you are on the phone, so you will have confidence in the validity of the transaction right away.
Tips for choosing a telephone credit card processing company
If you want to receive the best telephone credit card processing services you can get, then you need to be picky when you are choosing a processing company to work with. A few things that you should consider when looking for the right processing company include:
• Hours of business
• Customer service
Hours of business
If you plan on being open for business during specific hours, then you will need to be sure that the telephone credit card processing company you choose to hire is also open during those hours so that you can take payments whenever you need to. This is especially important if you plan to take orders 24/7, because you will need a processing company that will be available during your business hours.
When it comes to choosing a telephone credit card processing company, customer service can’t be emphasized enough. You will want to make sure that the company you choose to work with has plenty of customer service staff who will be available to help you with any questions or credit card processing problems that you may run into. For the sake of your business, they will need to be competent and able to resolve any problems quickly and accurately.
Before choosing a telephone credit card processing company, make sure that you check their rates so that you can get the best deal possible. If you keep these tips in mind you should be able to find a great telephone credit card processing company to hire.
Some businesses require alternative solutions for accepting payment. It may be important to establish an online payment gateway service in order to be able to process payments online. In addition mobile credit card processing services are great for sales agents that meet their clients in person rather than talking to them over the phone.