Entrepreneur

How to Find the Right Payment System

In a mobile economy, being able to simply process credit cards is no longer enough. Here's what to look for as you search for a payment-system provider.
Source: Monkographic | Getty Images
Monkographic | Getty Images

1. Prioritize Anytime, Anywhere Payments

From Joey Rault, head of enterprise sales, Square

If you’re a quick-service or retail franchise, a traditional sale means a customer is entering a physical store and purchasing an item. But customers’ expectations of convenience keep getting higher, so we’re seeing many of the franchises, a great place to sell is outside the store in the summer, or at the local high school football game. When you’re looking for a merchant service provider, be sure to choose one that can, in any circumstance, allow you to accept all forms of payment: mag stripe, chip cards, mobile payments, and gift cards. 

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