Mobile payment systems are currently unavailable. Why? A mobile payment system ensures that different types of entrepreneurs can accept digital money everywhere and nowhere. And that makes having such a device very pleasant ...
There is only one 'problem'. Mobile ATMs come in quite a few shapes and sizes . Some copies work on WiFi, others on WiFi and 4 or 5G. Others are able to print receipts. Still others actually function more like a kind of chip reader, where other functionalities are taken over by your mobile phone. To familiarize you with this maze of providers, we have listed the most important differences for you. Read on for more info.
Wifi and mobile networks
Fortunately, the days when we had to connect an ATM to a long cable that was always in the way are well behind us. Now we are faced with completely different choices, for example whether our mobile payment system or WiFi or on a mobile network (2G, 3G, 4G and 5G) should work.
First of all, wifi. That is probably the most obvious and cheapest solution if you want to use Your mobile payment system at a fixed location, such as a restaurant. You can link the machine to the connection you probably already had - no additional costs required. In addition, it pays, to stick with the example of the restaurant, to carefully check what exactly the range of the WiFi is. After all, it is also a bit strange when customers in the left corner suddenly cannot pay because there is no connection there. As a rule of thumb: does your phone not work there? Then your ATM will not work either.
One solution that fixes that is to use a mobile network. You then have an active connection everywhere in the Netherlands. And if you are not tied to a place, but need to process transactions away from home, this is simply a requirement. After all, you cannot ask your customers if you can use their WiFi so that they can pay. Small disadvantage: there are extra costs involved. After all, you have to insert a SIM card and that includes a small subscription (except for iTransact , a provider that provides a free data SIM card).
Printers
In terms of price, mobile payment systems vary considerably. You can get started with a simple device from as little as $ 29. But sometimes that is not enough, for example when a customer usually wants a receipt for his or her transaction. This is the case, for example, on - and again the example is convenient - the terrace of a restaurant.
Yet this is not necessarily a requirement. There are also systems in circulation that may not have a printer, but do allow you to mail the receipt directly to the customer's email address. It is therefore useful to determine what kind of customers you have Prior to. If these are older ladies who come to have a cup of tea on your terrace, it makes little sense to ask them for their email address. Do you work in a B2B sector? Then a printer is only a guarantee for unnecessary higher costs.
Phone usage
We have just talked about it, but there are indeed mobile PIN devices available that do not look at all like a traditional machine. Examples of this are the devices from mySolve and sovereign. They both work as a kind of card reader and supplement the functionalities that an average smartphone can already offer. So you let customers more or less pay via your phone. This can be useful, because it does not require the conclusion of a subscription or contract. According to some entrepreneurs, the mySolve and the sovereign are therefore the mobile ATMs for on the go.
Yet here too there are hooks and eyes - mainly in the appearance. For example, there are companies that find it unprofessional when someone turns their phone out during a payment process - forced or not. In addition, it evokes a sense of insecurity for some customers. It is not the case, but it may seem like you are secretly copying someone's PIN. Once again : here too it is a matter of analyzing what kind of company you have and who your customers are.