Common Mistakes to Avoid When Choosing a Credit
There are some common mistakes you could make when choosing a credit card reader! Discover those mistakes and learn how to avoid them!
Today, every independent retail store has access to Point of Sale system and a credit card reader. But, usually the small business owners are not aware of what exactly they need and many make the same mistakes when choosing a credit card reader. In this article, we will discuss those common mistakes and teach you to successfully avoid them:
➢ Choosing a credit card reader based on price:
The small businesses don’t usually have a lot of money available to spend on new devices. However, purchasing the cheapest credit card reader you find may not be the smartest decision. You need to know what you want your credit card reader for and what this device be able to do. The cheap technology may end up costing you more as you will have to update it or change something in near future. We recommend you to find an affordable but quality credit card reader as that is the best option for sure.
➢ Ignoring disaster recovery:
Backing up a system before required to use archaic software and tape drives. This process used to take a lot of time and the consequences of not doing it were extreme if anything happened to the credit card device. Today, the best credit card readers backup the data automatically. Ignoring disaster recovery when choosing a credit card reader or a POS system (Point of Sale system) in general can be catastrophic. Your system may not crash, however, if you are in an area that is sensitive and prone to bad weather, you can face problems that will leave you wanting you had used a better credit card reader.
➢ Not thinking about the future:
Experts recommend that is better if you find and choose a credit card reader device that can scale with your business. It will be much easier for you, your employees, and your business to have a device that can grow alongside the business as opposed to spending more time looking for a new credit card device. This is important for businesses that plan to sell their items internationally in near future.
➢ Insufficient training:
We must say that almost all retailers try to save money when it comes to a proper training on how to use the new device. But, keep in mind that you may earn more than the overall training expenses with a better use of the system. There are so many business owners who have bought amazing credit card readers only to use them as credit card swipers because of a lack of training. If you want to take a full advantage of your new device, you need to go through the pre-installation process, the installation process, and take some time to understand how does the new device work.
➢ Making the wrong choice:
You cannot just pick the first credit card reader you will find. This is probably the worst mistake you can make and can cause serious troubles to you and your business. You need a device that can support the number of purchases per day or month, you need a device that is safe to use and can protect the personal credit and debit card information, you need a device that can process a transaction quickly, without additional tech issues. You need to analyze, compare, and then you will be able to make the right choice.
Many new businesses make mistakes when choosing a credit card reader. Hopefully, the tips above will make the process easier.
If you are thinking of getting a credit card reader for your small business, do not worry in Shopify we have the best option so that your business is not harmed by any problem and also has better profitability with the benefits you have in acquiring it.