Are you looking for a mobile credit card reader that is compatible with your Android phone?
Are you in search of options that are affordable for your growing business?
Do you want an easy to use credit card payment processing system that you can use without any hassle – anytime – anywhere?
Then you have come to the right place. In this guide, we list down five of the best mobile credit card readers in the market that offer competitive pricing, ease-of-use, and are usable on Android devices.
What is a mobile credit card reader?
As the name suggests, a mobile credit card reader enables your phone or tablet to accept credit cards, similar to the machines set up at retail brick-and-mortar locations. One of the biggest benefits of the credit card reader is that it gives the business owners ability to accept payments anywhere – with reliable internet connections. It is specifically advantageous to small business owners who usually don’t have a fixed location or are working through the online medium. They also offer quick funding. This simply means that business owners who utilize the card readers can avail their payment usually by the next business day.
The top credit card readers for 2019
Square Reader is one of the best payment processing systems for its ease-of-use, low-cost transaction fees, and a free easy-to-install credit card reader. At the time of registration, the users will also be provided access to the Square mPOS app. through the app; the users can manage their inventories, create personalized receipts, and track consumer’s records.
The best feature of Square is that it doesn’t have any monthly subscription fees. Instead, you are liable to pay 2.75% of each transaction you make through its credit card reader.
Square Reader accepts all major credit and debit cards as well as Android Pay.
Shopify is well known for its ecommerce services. Its mobile payment solution is also popular for offering usability to merchants who target in-person sales. For example, you are at a trade fair and you meet some potential consumers. Rather than waiting for them to get in touch with you at later time, you simply swipe their credit card using your Shopify app and make the sale – right on spot.
Shopify supports multi-channel sales. This means you can sell anywhere using the Shopify payment system such as social media, in person, online, and offline through brick-and-mortar location. The Shopify POS tools syncs in real-time making it convenient for the merchants to collaborate their earnings and product management through a single interface.
It is also easy to integrate special deals and offers to the customers at the time of checkout on Shopify. The ecommerce solution provider also boasts a 24/7 customer support to address your queries and technical difficulties.
The best feature for Shopify is the enhanced focus on security. Whether you are using credit cards, gift cards, or contactless payments – Shopify assures the safety of consumer and retailer, both.
When it comes to payments, Shopify has a 2.7% transaction fee. There is also a monthly fee involved that lowers the transaction fee as you advance in the subscription plans. Check out their website for more details.
Another mobile credit card reader for Android devices is the PayPal Here. The payment processing system is more suitable for large companies. Unlike others in this review, PayPal Here does not offer next-day funding but you can choose for premium subscriptions to receive payments quickly.
Moreover, PayPal Here allows users to accept payments from anywhere around the world and makes it easy to transfer money as well.
The most basic PayPal credit card reader is available for around $14.00. You can also choose to upgrade to an EMV reader, an NFC device, or a three-in-one reader for $25, $60, and $79 respectively. Bluetooth support is also enabled in this device allowing users to receive payments through phone.
Moreover, a no-frill app is also available for PayPal Here that you can download from the Google Play Store to work with your Android device.
PayPal Here has a 2.7% swipe fee for each U.S. based transaction while the fee varies for cross-border transfers.
Intuit Quick Books Go payment
Intuit Quick Books Go payment mobile credit card reader is an ideal solution for the businesses who utilize Quick Books for bookkeeping, managing inventory, and tracking sales record. This is because the Quick Books system is easily integrated with the Go Payment app to make management of business inventory easier.
Quick Books comes with an app that is available on Google Play Store. Through this app, the users can manage their sales, create receipts, and track inventory with ease. The app is also Bluetooth compatible.
The payment processing service accepts all forms of credit cards as well as contactless cards of Apple Pay, Samsung Pay, and Google Pay. Transaction fee for each swipe is 2.4% plus $0.25 without any monthly subscription.
Cayan is another payment processing service to look out for. Since it requires a high subscription fee, it may not be suitable for businesses with low sales. But if you make high dollar tickets and lots of sales – check out Cayan that offers an all-in-one reader and multiple payment options.
The rates for Cayan are customized according to the business. However, most newbies are confused with the terms and conditions associated with the fees due to the varying charges. At the start, you are required to pay a monthly subscription fee along with a PCI Compliance annual fee. Transaction rates for Cayan also varies and can be anywhere from .39% to 3.68%.
Overall, Cayan is easy to use and users who are utilizing the platform are happy with its Android compatibility, credit card reader, and customer support.
Finding the most useful credit card reader compatible for Android devices is a daunting task. Each of the mentioned payment processing systems: Square, Shopify, PayPal, Cayan, and Intuit Go Payment have their pros and cons. Find the one that is most suitable for your business needs and is flexible according to its growing demand.
Other items that may be of interest to you: