How to choose the Best Card Reader for Small Businesses?

Nowadays, many people prefer to pay by card wen they buy a product or a service. Although this is not as true in Europe, where only 34% of people favored this method of payment, the numbers in America and in Australia is definitely showing the trend of the future with 54% of the transactions in the US and 73% in Australia being completed by cards. This means that even small companies need a card reader these days. Here is how to choose yours.

Choosing the best card reader for a small business can be complicated. There are many factors to consider before you can make a decision. Here is what you should look into:

When selecting a card reader, it's important to consider compatibility with the devices that you plan to use for payment processing. This means ensuring that the card reader can work with your smartphones, tablets, or computers. Additionally, if you’re using a specific software, make sure that it's compatible with it as well. By taking these factors into account, you can ensure an ideal payment processing experience for your customers.

Security is crucial when dealing with sensitive data. As a professional, it is necessary to ensure that your customers’ information is secure. One way to do this is by looking for a card reader that offers strong security features such as encryption and tokenization. These features act as an added layer of protection against fraud, identity theft, and data breaches.

When it comes to using a card reader, it's important to consider the fees that may come along with it. These fees could include per-swipe fees and transaction or monthly fees. Take some time to compare options, while keeping your budget in mind. It is the only way that you will end-up choosing the right product for you.

It is recommended to select a card reader that is easy to set up and use. Additionally, it should have a simple and intuitive interface for the convenience of both your employees and customers. This way, you can ensure that the payment process creates a positive customer experience.

Your card reader should come with a charging station that is easy to use, and that doesn't take additional space on the counter. If your card reader finds itself empty while you are serving clients, this could become an important problem that would not be easy to solve, in the moment.

When you forget to update the software of a card reader, it may end-up not working well. To make sure that this situation never happens, look for a card reader that includes automatic updates.

If you want your waiters to be happy, choose a card reader that has an inbuilt tipping function. It will appear when the customer is paying his bill, which should increase the number of tips that they get on a regular night.

When you choose a model of card readers, you should look for one that can be associated with its own printer. For example, a reader like Solo can be linked to its own printer, which will even add advantages to it. In fact, the printer of this card reader can also serve as a charging point. Once they are linked to one another, the printer will actually monitor the charge of the card reader.

When it starts running low, the printer will act as a charger for the reader. The energy of the first will then be separated equally between both devices, so that none of them run out of electricity. Once working hours are done, you can then go on and charge both again at the same time, which will be completed within one hour.

The printer has its own series of benefits. The first of them is the number of receipt prints that it can produce in a single charge, which is 800. It is quite sufficient for any kind of business to work with. Also, it is the same size as the Solo card reader itself, which means that the two of them won't be taking that much space on your counter.

As a small business owner, choosing the best card reader is crucial to ensure smooth and secure payment transactions. With the increasing popularity of cashless payments, having a reliable and efficient card reader is essential to keep up with the competition. A good card reader for small businesses should be affordable, easy to use, and compatible with various payment methods. It should also have strong security features such as encryption and fraud detection to protect both the business and its customers’ sensitive information.

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