a checklist for choosing the right mobile credit card app
DESCRIPTION
This handy checklist will help you decide which mobile credit card app is best for your business.TRANSCRIPT
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A checklist for choosing the right mobile payment app
paysimple.com | follow @PaySimple | facebook.com/paysimple
![Page 2: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/2.jpg)
Accepting credit cards on your mobile phone
Multiple mobile app options available
Which is right for your business?
Use the following checklist when researching your options
![Page 3: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/3.jpg)
Do you need a merchant account?Merchant Account No Merchant Account
Application & underwriting – Must have a business
1-3 day standard deposit time
Deposits directly to your bank account
Higher transaction volumes (typically what your business needs to process)
No underwriting – You do not need a business
Typically entails funding delays (until your account is audited)
Some don’t deposit to your bank account
Low caps on transaction volume (ex: you can only process $1,000 per week)
![Page 4: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/4.jpg)
Find an app that bundles with a merchant account
The merchant account allows you to accept credit cards
Find a partner to assist you
Do you need a merchant account?
www.paysimple.com | follow @PaySimple | facebook.com/paysimple
![Page 5: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/5.jpg)
Do you have repeat customers?
Securely store customer payment information
Charge cards that you already have stored in your app
![Page 6: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/6.jpg)
Access from a web application Find an app that lets you
access the same account from a computer browser
Fully synced with app
Deeper functionality
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Good communication keeps everything transparent
Email payment receipts
Other communications as necessary
Keep all parties on the same page
Communicate payment information
![Page 8: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/8.jpg)
Do you need other payment methods?
Sending an invoice
Running a payment from a virtual terminal
Set up recurring payments
Online payment forms
![Page 9: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/9.jpg)
Do you have multiple users? Employees, Associates, or Contractors
Not all apps allow for multiple logins
Be sure to check for multiple-user fees when making a decision
![Page 10: A Checklist for Choosing the Right Mobile Credit Card App](https://reader031.vdocument.in/reader031/viewer/2022020306/549b1973b47959f7088b46b5/html5/thumbnails/10.jpg)
What devices do you use? Different devices have different requirements All functionality may not be available on all platforms Keep the future in mind…
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System compatibility Find an app that can export data in a format that agrees
with your accounting solution and other business applications.
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Some other questions to ask: Is it secure?
Does it come with real live phone support?
What about the pricing?
Does the app come from a solution with a proven track-record?