If your business is just getting started and you feel you are being held back by customers slow payments, try the app PayAnywhere which lets you accept credit card payments on your iPhone, iPod Touch or iPad. PayAnywhere is a free credit card processing app that functions hand in hand with the free PayAnywhere credit card reader. This means your business can accept Visa, MasterCard, American Express, Discover and PayPal payments anytime, anywhere.
Although the app is free there is naturally a small percentile to be paid for each swipe; and at 2.69 percent per swipe that appear rather competitive, especially as there are no monthly subscription fees and no monthly minimum sales needed. The tool is handy for small businesses starting up that need to be paid fast.
The app is targeted at seasonal businesses, one-man bands, start-ups, contractors and food truck vendors but the reality is the card reader will come in very handy for any person trying to get a business running smoothly and the cash in quick. Once your customer has swiped you will get your funds in your account within 24 hours (or next working day).
We also found the setting up process is simple and easy to do: a brief phone call is all it takes or you could make your application for an account through a form you’ll find in app. You can also apply for an account online but the burning question that springs to mind is customer confidence. Can your clients feel safe in handing over their credit cards to someone using an app embedded on an iPhone? The short answer is yes, and that’s because all customers can receive a customized electronic receipt which can be sent out at a later stage or right away.
The 2.69 percent per swipe cost also applies to American Express card users (so often this card company charged more) and there are no hidden fees, no cancellation payments to make (should you decide not to continue using the account) and no need for any monthly minimums.
If your business is in the restaurant or food catering sector you can customize tips and discounts to be added for each transaction. There is also a sales tax feature which can automatically calculate the sales tax for the area you are in. That is a very handy feature for those businesses traveling nationwide or in many states. PayAnywhere is a must have app for any business, large or small.(4 / 5)