With the boom in mobile commerce over the past couple of years it is more important than ever to make your business mobile friendly. Now one of the more recent ways to have gone about this is to make your online website compatible with mobile commerce. This allows people to purchase to purchase products right from their tablet or smartphone from the comfort of their own home or even while sitting in a bus station. However that type of mobile commerce is really only half of the battle.
Many small businesses may not have a website, or the service and products they offer may not be able to be shipped. Though this means that they will have physical customers, it doesn’t mean mobile commerce isn’t something they should be prepared for. One thing that these small businesses can look at is the Pay with Square app. With this they can set up an iPad as a register, attach the card reader, and start being able to accept credit card payments from your customers. This can also be a great asset if your business is on the move constantly. Plus using Square can add a bit of a ‘coolness’ which is always something good for a business to have.
Businesses should also however look into the possibility of people actually paying with their phones. Apps like Google Wallet have made it possible for consumers to store their credit cards onto their mobile devices and then pay other individuals and even businesses through NFC technology. This technology isn’t as prevalent in the world of mobile commerce mainly because it is limited to only a few mobile devices and the technology still has to develop, but it is likely the future and businesses should prepare for it.
Although make sure to always have traditional payment options lying around. People will always pay in cash and many of these mobile options won’t be able to work with things like AmExprepaid cards or other debit cards or if your business decides to start making gift cards.
About the Guest Post Author: Kayvon is in charge of blogging about all tech-related personal finance news for CreditCardForum.com, which is a forum where consumers can discuss everything from the best cash back credit cards, to which issuer has the worst customer service.