Charge Card Systems Blog

The Basics of Wireless Credit Card Processing

A wireless merchant account is a 'card-present' account where credit card transactions are swiped through a portable credit card machine or magnetic swipe reader to obtain a real-time authorization and an electronic data capture is performed. Wireless merchant accounts are usually given the same low rates and fees as a retail merchant account but typically have higher monthly fees and initial equipment costs.

If your business requires you to accept credit cards while on the run, you should make sure that the cost of a wireless merchant account is justified by the increase in sales that card-acceptance generates. There are also other portable processing options that may be a more economical fit for your business.

To learn more about wireless credit card processing, credit card processing equipment for wireless merchant accounts, or to find out if you are paying the lowest possible credit card processing fees, click here for a free rate analysis.