The following are some of the most popular credit card readers:
1) Square Reader – A square card reader is one which accepts both credit cards and cash.
It is commonly used in stores, hotels, restaurants, banks and other places where cash or debit cards are accepted. They have been available since 2009. The Square Reader is not only convenient but it’s also easy to use. You just need to insert your credit card into the slot and swipe it through the reader. It takes less than two seconds and you’re done!
2) Paypal Reader – A PayPal Reader is a small device which allows you to make payments with a credit or debit card over the internet using either a smartphone app or website.
It works like a regular credit card reader except that it uses your PayPal account instead of a credit card number.
3) Apple Pay Reader – An iPhone 6 or later model with iOS 8 or higher is required to use Apple Pay.
When you buy something from an app store, the transaction will appear in your wallet automatically without having to touch the phone at all. The payment is secure because your fingerprint is always needed when making purchases online and offline.
A credit card reader is a device used to swipe credit, debit, gift and other speciality cards in order to get a one-time password (OTP) or a 4-digit PIN which can then be used in place of, or along with a password when making financial transactions.
The future of mobile credit card readers is limitless. They will continue to become more secure, more convenient and common around the world. It is likely that in 10 years time, all transactions made on the internet or in-store will be done using a credit card reader.
The Best Mobile Credit Card Reader is the easiest way to accept payments anywhere. It’s a great alternative to a traditional terminal when space is limited or you want to keep your pricing flexible. The small, portable, and secure device can be attached to almost any phone or tablet and works with all major credit cards.
With the Best Mobile Credit Card Reader, you’re able to accept credit cards where traditional terminals can’t – like at fairs or festivals. It has all the features of a regular credit card terminal and it’s more secure than ever.
It’s easy to connect to your iPhone, iPad, or Android device and accepts swipes, chip & pin, and magnetic stripe cards. You’re also able to customize your payment screen with your logo and add deals or promotions for customers.
The software is free and the reader can be purchased online or at your local BestBuy.
The Best Mobile Swiper is easy to set up and easy to use. You can start accepting payments within minutes by plugging it into your phone or tablet and adding your credit card information.
It’s a small, lightweight device that makes it easy to take payments anywhere. You can use it to accept payments at a tradeshow, festival, or even on the corner of the street. It’s perfect for traveling salespeople, jewelry merchants, photographers and more.
Once your customer approves the payment, you’ll receive the money instantly and can have an email or text sent to you for record keeping. You’re able to keep track of all your payments in real time and get notifications of failed payments.
This new version of the Best Swiper is smaller and faster than ever. The card reader is about the size of a small flash drive and can be attached to your phone using the headphone jack. It’s a secure device with a protective case to keep it safe from drops or bumps.
You’ll have to pre-purchase a certain amount of credit that you can use each time you take a payment.
Sources & references used in this article:
Hand-held terminal with display screens, interactive screens, magnetic credit card readers, scanners, printers and handlers by DR Schultz, SE Koenck, J Rasmussen… – US Patent …, 1997 – Google Patents
Credit and smart card readers by JJ Johnson – US Patent 6,186,402, 2001 – Google Patents
Plug in credit card reader module for wireless cellular phone verifications by K Bailey – US Patent App. 10/207,730, 2004 – Google Patents
Financial and similar identification cards read by magnetic swipe card readers and methods relating thereto by RD Sines – US Patent 8,256,686, 2012 – Google Patents
IR transmitter with integral magnetic-stripe credit card reader by D Erlin – US Patent 5,870,155, 1999 – Google Patents
IR transmitter with integral magnetic-stripe ATM type credit card reader and method therefor by D Erlin – US Patent 6,275,991, 2001 – Google Patents
Financial and similar identification cards read by magnetic swipe card readers and methods relating thereto by RD Sines – US Patent 7,451,923, 2008 – Google Patents
Financial and similar identification cards read by magnetic swipe card readers and methods relating thereto by RD Sines – US Patent 7,185,806, 2007 – Google Patents
IR Transmitter with integral magnetic-stripe ATM type credit card reader & method therefor by D Erlin – US Patent 5,973,756, 1999 – Google Patents