Save Your Start-Up Valuable Dollars With A Free Credit Card Reader

Building a business from the first brick up takes more than just talent; stellar budgeting skills are vital as well. Regardless of what category your start-up falls beneath, knowing when and where to cut corners is important if you're to make it through that all-important first year. According to Forbes, eight out of every 10 businesses fail within the first 18 months, and while many factors can be at play in this debacle, spending is often an issue. One area where any store owner can save money is in the processing of credit card transactions. 

Choose a Free Credit Card Reader

You can pay hundreds of dollars for a credit card terminal that features a pin pad, and while this type of machine looks professional and may help put customers at ease, it's a major purchase that you can easily delay simply by using a free credit card terminal online. An online credit card reader typically comes in the form of an app that's downloaded to your smartphone. At the point of sale, you simply swipe or tap the customer's card through the provided magstripe or chip reader using your phone to process the transaction. While you'll still pay a percentage to the Merchant Services Provider, or MSP, for the privilege of accepting major credit cards, using a free credit card reader online saves you the upfront cost of purchasing a machine with a pin pad. 

Opt for Safety and Convenience

Most free credit card terminals that are found online are entirely safe, but you'll want to do a bit of research before choosing the one that's right for your business. Stick with a well-known bank that guarantees the safe, encrypted collection of data to help protect both your business and the privacy of your loyal consumers. Better yet, opt for an online reader that offers additional sales tools, such as the ability to collect private feedback from customers, email receipts, and accept tips. Regardless of what type of business you run, the ability to accept major credit cards is a huge incentive for people to shop with you.

In today's world of digital opportunities, there's no need to shell out hundreds of dollars for the ability to accept and process credit transactions. An online credit card reader like Free Terminal Today can perform all the same duties, and many are free to download to your smart phone. Easy for your customers; easy for you, an online credit card reader is a must-have for any start-up.