![]() ![]() Some models require a WIFI connection, while others operate through a Bluetooth connection. Connectivity: This is the ease at which you can connect the card reader machine to its companion device.You’ll also be required to download an app which operates and manages the reader. ![]() Additional Hardware: Most portable card readers require a smartphone or tablet device to connect to the machine.The amount of time it takes for the company to verify your credentials differs from one to another - typically 24 hours to 5 days. When signing up, you will be required to provide details about your business and your bank account, online signup takes about 5 minutes but the company will have to verify the information you provided. Verification Process: This refers to the amount of time and effort it takes for the company to verify your personal details before you can activate your account.You should regularly compare the different rates to ensure that you are always paying a competitive fee. Transaction Costs: This refers to the amount that the card reader company deducts from all payments before cash is deposited into your bank account.Some companies will offer a promotional discount code, albeit for a limited period only - keep your eyes peeled as you can get as much as 50% off! Purchase Cost: The first consideration should be the cost of acquiring the device as there is usually an initial one-off purchase cost involved. ![]() To enable you to have a better understanding of the nuances between each device, I have listed the key factors to consider when looking to choose the best one for you Although there are several providers, this article is only going to focus on the top 4 mobile card readers & machines in the UK market. ![]()
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