Credit Card Processing Consulting

"What Payment Processing Equipment do
Wireless Merchants require?"

Here are Credit Card Processing Consulting's definitions of a Wireless equipment and processing needs.
A Wireless business really has a lot of choices for equipment and schedule of fees. First of all, if you accept cards and
use a computer or credit card machine to key in the transaction then you will not be taking advantage of some of the
technology that is available to you today if you have the option of meeting the customer face to face. With the
advantages of wireless systems, any merchant that has the opportunity to meet with a customer should
be able to swipe the credit card through a MSR.

WIRELESS MERCHANTS - Wireless businesses need to swipe 80% or more of the credit cards through a magnetic swipe reader, (MSR) so they will receive the lowest qualified rates available. Of course if you are able to do this then you are no longer classified as a MOTO merchant, you will be considered a retail merchant even though you do not have a physical store.

What equipment should I consider?

Non-Swiping Merchant - If you are a Wireless Merchant then you should not be keying in more than 20% of your credit card transactions.

Swiping Merchant - A Wireless Merchant should meet with the customer and swipe their credit card through a wireless terminal or a MSR attached to a cell phone or laptop. With all the options below you can purchase a small printer for receipt purposes. If you do not like the printer and want to go really cheap you can purchase an imprinter with imprinter slips, also called a "knuckle buster".
1. If you have a laptop and it has a wireless internet connection you can purchase a MSR with a USB connection and swipe the credit cards for a low qualified rate.
2. You may also purchase or lease a wireless credit card processing machine. You can take the terminal anywhere in the US and process credit cards where ever the terminal has a GPRS, GSM or Wi-Fi signal.
3. If you prefer you may use a cell phone that has Windows Mobile or a Palm installed. Either one will be able to connect a MSR to the phone and swipe the cards.

Budget - Budget issues are usually pretty simple with a Wireless type merchant. You decide how much you want to spend and then you can find the right option for your processing needs.

With proper analysis of the items listed above, we can plan a strategy for you to be successful. A wireless terminal will cost a little more but may be well worth it. The other thing you may need to consider is the total fees involved. There may be processing fees, gateway fees, transaction fees, statement fees, wireless fees, cell phone fees and more.