So, you’ve discovered the fact that smartphone credit card payment systems make it easier to process payments from any location. The next step is to decide which system is right for you. Most smartphones can’t process the magnetic strip on a credit card, so the information still has to be processed through a third party for verification.
There are different smartphone credit card payment systems with different features and different price ranges and payment methods. Some charge a fee per transaction and others charge a flat fee per month. Each system that allows you to process credit card transactions via a smartphone has its advantages and disadvantages.