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    3. Stop Losing Money. Accept Credit Cards Through Your Cell Phone»

    Stop Losing Money. Accept Credit Cards Through Your Cell Phone

    Ramon Ray
    TechnologyLegacy

    I've been to many exhibitions and outdoor street fairs and one thing

    they have in common is that many of the exhibitors or vendors are not

    able to accept credit cards. They take cash, but many of the people

    passing by (people like me) do not always carry cash and in some cases

    simply prefer to pay for goods and services with a credit card.


    One solution, which requires no extra hardware, is to use a mobile and wireless payment solution.

    Transaction Wireless, a mobile commerce payment and marketing

    company, recently announced an agreement with PayPal to power the

    company’s Charge Credit Card Terminal

    allowing small merchants to accept credit card payments virtually

    anywhere, securely and conveniently using only a mobile phone and a

    PayPal account.

    I love PayPal. It's fast, easy to use and quite secure. So if

    Transaction Wireless is partnering with PayPal, I'm sure the end result

    is good.

    What's powerful about mobile wireless solutions is that businesses

    don't even have to ensure they have a telephone line or power supply

    when they are mobile or away from their offices. They only need a cell

    phone to process credit card transactions.

    Of course having a notebook computer with a long lasting battery

    (like the Dell Latitude E6400 I have on loan from Dell) can be useful

    as well. But then you have to ensure there is WiFi or you have a

    broadband wireless account.

    Your cell phone battery can often last, all day - much longer than your laptop battery for sure.

     

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    Profile: Ramon Ray

    Ramon Ray is Editor of Smart Hustle Magazine. Ramon is a 4x entrepreneur, bestselling author, and international speaker. Smart Hustle Magazine, in print every 3 months and online 24/7, is a community chronicling the story of small business owners with an entrepreneurial mindset. Get to know Ramon at www.ramonray.com or follow him on Twitter @RamonRay

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