I haven’t started accepted mobile payments yet, but I found out something important about the processing that you should take into account when deciding which company —

1) Most such card readers DO NOT scramble the credit card information so if you use the card reader at a public place such as a cafe or trade show, the information can be captured by someone nearby and the money could be taken from you and the credit card numbers could be used again and again by the thief until the credit card company shuts down the account. Yikes!  (I’ve heard that this is true for PayPal or Square and I am not aware if Intuit Quicken works that way … I’d definitely check on that).

2) Your business insurance will not cover losses incurred by unscrambed card readers so you could be liable for an incredible amount.

Since this is a rather terrifying prospect, I was interested to learn that WorldPay mobile solutions (the world’s third largest credit card processor) DOES scramble mobile credit card processes so that they are totally secure. Their program includes an indemnity waiver up to $30,000 should a breach occur.

For these reasons, if I do add mobile solutions, I will likely use WorldPay. I have a contact there if anybody is interested in learning more/setting up an account.

Kathy Bernard

Getajobtips.com 

For me, as a Mobil option, Square works perfect, and you have the money on your back account the following day. For my store front, I need a contract with some other brand and I have to pay monthly fees, and to get the money on the bank it takes about a week. I’m really happy with the Square services!!

@lorithueme @hildaalanisgonzalez @kc_kreative

Thanks for all the excellent feedback. Good options.