3 Reasons Why A Card Payment Machine is One Machine Too Many

Kent Vorland,  February 28, 2017


At SmartTrade App we speak to merchants about their card payment machines every single day. We know all the struggles, and make sure to come up with the best solution for your business. If you’ve ever accepted a customer’s credit or debit card, I am sure you will recognize one of the following headaches:

 

  • The physical card reader is clunky and takes unnecessary space
  • The connection from the reader to your phone is poor
  • There is always one more thing to remember to bring when seeing a customer
  • You’re being charged way too much for too little
  • Your provider simply doesn’t cater to a small business owner

 

These are just a few of the issues we set out to resolve and talk to customers about on a daily basis. Now, with many years of development and the help of thousands of merchants we can finally say we have just about covered them all, and here are a few reasons why:

1 – A Card Reader Should Be Designed to Help You, Not Clutter Your Brain

 

When someone tells you they’ve found a solution to make your life easier, you think “Great, fewer things to worry about!” However, if someone tells you, you can now accept card payments, but you will need a merchant account, an app, a card machine, a reliable Bluetooth connection, a ton of money in your bank and on and on and on… it gets really tiring.

When this is the case, are you really getting the solution you deserve? Let’s look at the above one more time to see what you need to accept a card payment with SmartTrade App:

A merchant account, an app, a card machine, a reliable Bluetooth connection, a ton of money in your bank and on and on and on…

That’s right, all you need is an app on your phone, which you always carry with you. Nothing to be forgotten, nothing to take up extra space and only a few minutes to set up (without needing a merchant account). That’s what a solution looks like.

Click here to get rid of your card payment machine today and sign up to SmartTrade App for free

2 – Why Accept a Card Payment, When You Give it All Up Just To Accept It?!

 

This is certainly a paradox. The point of accepting card payments is to increase your business’ flexibility to grow your sales and customer base. However, if you end up giving most of those payments to the company providing you with a card machine, then isn’t most of the initial principle lost? You pay rent on the card reader, extra if you want invoicing, even more if you want over the phone payments, monthly fee, high transaction cost and sometimes you even have to pay for security. It’s like renting an apartment and having to pay extra if you want locks on your front door and windows, where’s the logic in that?

Let’s break those costs down for SmartTrade:

You pay rent on the card reader, extra if you want invoicing, even more if you want over the phone payments, monthly fee, high transaction cost and sometimes you even have to pay for security.

That’s right, we start you off with a free app, a free trial and a 1.85% transaction fee, lowest in the market. You don’t even have to give us your billing details. Not to mention, this includes up to 15 people taking payments, so it’s the equivalent to renting/buying 15 card readers.

3 – If You’re A Small Business You Make Less, Why Are You Paying More?

 

The largest card payment providers in the market start you off with a high transaction rate, monthly fee and card machine rental. If you have a monthly transaction volume of £50,000 or more only then can you get their competitive rates. However, what about the independent business owner who does £500, £1000 or £2000 per month in card payments? Why are you paying more than those guys who earn millions per year?

We believe you shouldn’t have to. Every single business has to start somewhere. Even Apple started in a small garage in Palo Alto, California. Yet, today, you are paying much more, proportional to income, than Apple for accepting card payments as a Plumber from Yorkshire. That’s just not right.

We give you 30 days free at a highly competitive 1.85% card transaction fee for you and your entire team to accept payments regardless of whether your volume is £100 or £1000 per month. Although we of provide lower rates to larger companies, we never forget the roots from which they came and always seek to help the small business owner.

Start accepting card payments in minutes at only 1.85% for your entire team now

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