Phone Credit Card Processing Solution – Is it Suitable For You?

You know that cashless payments are gaining momentum globally. You understand that you may be even losing customers by keeping your transactions cash-based. You are ready to take the plunge into the realm of credit card payments. You look for a credit card processing solution and suddenly, you are swamped with hundreds of options to choose from. Where do you start? Well, why not from the mobile phone in your palm? Echeck Processing

Phone Credit Card Processing

Yes! You can accept and process your customer’s credit card (CC) from your mobile or any phone from any place that you get reception or have a land line connection. Phone credit card processing is one of the latest innovations in this technology and it is sometimes referred to as touch tone credit card processing.

How does it work

All you need to do is to call up your selected system and enter the transaction information as well as the customer’s CC details using the keypad of your phone. The system will immediately process the information and either accept or decline the transaction. If accepted, an authorization number will be given to you to be recorded onto a receipt which the customer will then have to sign. Now, how simple is that?


Well, the one positive feature that should by now be screaming at you is the SAVINGS! You will save so much on expensive Point-Of-Sale (POS) equipments or software that can set you back by anything between $150 and $1000. All you need is your phone!

This is perfect for you if you are just starting to accept credit cards. It gives you the opportunity to study the volume of sales that your business generates at a low cost. Besides zero equipment cost, this type of processing processing usually comes with low or no start up cost at all. It provides you with a chance to take time to compare the increase in the revenue generated by accepting CC to the cost incurred in CC processing. You can then decide if you should invest in any other CC processing solutions or none at all. Most merchants make the mistake of not comparing the increase in revenue to the costs that would incur and end up suffering huge loses. You need not be one of them.

Besides the zero equipment costs and low start up costs, this type of processing normally does not come with early service termination fees. If you should decide that you would like to switch to another type of phone processor, you may do so without burning any holes in your pocket.

There are no monthly minimums and therefore you will not suffer even if you do not make many sales through CC.

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