![]() If you operate an online store, you can help speed up future transactions by allowing users to create accounts. With recurring billing, payments get deducted from their credit cards or bank accounts so you get paid on-time every time, and your customers don’t have to worry about mailing checks or incurring late fees. This tip won’t necessarily apply to all businesses, but if your company deals with subscriptions, monthly billings, or any type of recurring payments, you can speed up future transactions by giving your customers the option to automate them. Investing in a better service may cost a little bit more, but it’s a justifiable expense if faster connectivity allows you to process more payments per hour. That’s because credit card data can travel back and forth more quickly, allowing you to receive your authorizations sooner. Whether you use mobile credit card processing, wireless processing, or traditional credit card readers, you may see noticeable reductions in transaction times if your internet or Wi-Fi connection is faster. Digital wallets are fast, secure, and convenient payment solutions. Instead of transferring account numbers, card details are encrypted in the digital wallet and a secure element chip, similar to the EMV® process, provides a unique digital signature for each individual purchase. Tip #3 – Digital walletsĭigital wallets (like Apple Pay®) are in-phone apps that allow customers to wave or tap their smartphones or wearables over near field communication (NFC) readers to complete a transaction. Confirmation emails go directly to the customer’s inbox. trade shows and conferences). Why have your customers stand in line when you can accept their payments from anywhere in the store.Īnd because the entire transaction happens through the mobile device, you don’t need to print out receipts. Each device represents a mobile point-of-sale (mPOS) that can travel anywhere and everywhere it is needed - even to off-site locations (e.g. With mobile credit card processing (via smartphones and tablets), you don’t need to have lines at all. This helps reduce bottlenecks and keeps each individual line relatively short. POS systems or credit card terminals) throughout your store. Tip #1 – Multiple machinesĪ simple way to speed up transactions is to have multiple payment locations (i.e. However, using some or all of the tips below, it’s possible to speed up credit card processing and make transactions faster and even more convenient. Monthly invoicing can become manual for both you and your customer.Long lines may mean fewer sales per hour.Apps and integrations Extend your Clover system to do even more with best-in-class appsĪs convenient as credit card processing is, bottlenecks still exist.Apps and Integrations Extend your Clover system to do even more with best-in-class apps.Clover Capital Turn future credit card sales into working capital with flexible financing.Gift cards Drive sales, create loyalty, get new customers with digital and physical gift cards.Customer loyalty Create loyalty programs to help keep customers coming back and driving sales.Employee management Schedule staff and manage payroll efficiently from one integrated system.Customer engagement Understand, engage, and delight your customers with built-in tools.Cash flow Take control of your sales and access to your funds in minutes.Inventory management Streamline operations, build menus, and oversee inventory with a single system.Tracking and reporting Get real-time insights and sales trends to keep track of your business.Virtual Terminal Manage your business and accept payments even when you're on-the-go.Invoicing Send professional invoices and accept online payments to get paid faster.Payment processing Accept popular forms of payment quickly and securely.Online ordering and sales Take your business online with eCommerce and restaurant online ordering solutions.Point of sale system Track sales, accept payments, and more with our all-in-one-system. ![]() Card readers and POS devices Sell in person with our fast and powerful point of sale devices.
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