Are you looking for the best mobile credit card reader? Something that’s portable and can be used with your smartphone? Well, this article is for you. We listed down 4 of the best mobile credit card readers in the market. These credit card readers are compatible with an Android smartphone.
So it is imperative, especially for business owners, to keep up with the trend. Google and Samsung have already rolled out their cashless payment systems called “Google Pay” and “Samsung Pay,” respectively.
Mobile Credit Card Reader
Mobile Credit Card reader, as the name suggests, is a mobile or phone accessory that enables your phone to read credit cards. Additionally, it will allow you to charge clients or cust0mers without the need for a POS System or any form of digital transfer payment.
One of the most popular mobile Credit Card reader available on the market is Square. Visit the brands’ website to learn more about it.
Additionally, these devices are more of an accessory and not an extra gadget that you should purchase. Although, they still do cost some money.
Related: Best QR Reader Apps for Android
4 Best Mobile Credit Card Reader
So, if it happens that you’re someone who needs a quick and portable solution to accept credit card or debit payments, then look no further. We list down 4 of the best mobile credit card readers that you can use and are compatible with an Android smartphone.
So without further ado, let’s jump right into it.
Square Reader – $20
The financial service company Square announced the Square Credit Card Reader back in 2011. Since then, the mobile credit card reader has gained momentum in the industry because of its cheap price, has an easy-to-install card reader you could obtain for free, and quick funding.
Once you opt to use Square, you’ll receive a free credit card reader as well as access to the Square mPOS app without limit. The mPOS service offers inventory management, access for multiple users, personalized email receipts, and a basic tipping interface.
While Square’s charges are not the cheapest out there, they’re the simplest as you’ll only have to pay 2.75% for the swiped transactions without requiring you to pay for the monthly subscription.
Square Point of Sale – POS
Square Point of Sale is the free Android point-of-sale app that gives you everything you need to take payments and run your business. With this app, business owners can easily accept debit and credit cards, and Android Pay as well. They also promise that your funds will be deposited fast in one to two business days.
The Square Reader accepts almost all major credit cards and is compatible with Android smartphones as well as with iOS-running devices. Even if you aren’t in the Wi-Fi zone, you can still make use of the service offline and pay the usual rate per swipe.
Offering a no-frills user experience, the Square Credit Card Reader is one of the best mobile credit card reader for those who have a small business. No wonder, it is the most popular and the best-selling reader in Amazon.
QuickBooks GoPayment All-in-One Card Reader – $49
A product from the well-known financial software firm Intuit, the GoPayment All-in-One Card Reader is best suitable for businesses which use QuickBooks to manage payrolls, inventory, and sales. It would be easier for you to integrate the QuickBooks mPOS to the software itself.
The QuickBooks GoPayment All-in-One Card Reader comes with an app that’s downloadable on the Google Play store.
QuickBooks GoPayment is a free mobile point of sale app that allows you to take payments on the go.
- Contactless payments: Apple Pay, Google Pay, Samsung Pay, other contactless cards
- EMV chip and magstripe debit and credit cards including American Express, Discover, Visa, MasterCard
- Bluetooth for mobile apps
- iOS: 9.3.5 or above
- Android: 4.1 JellyBean and higher
Intuit offers a transaction fee of 2.4% + $0.25 for every swipe without a monthly subscription fee. To know more about their plans, visit their website at quickbooks.intuit.com.
PayPal Here – $25
PayPal Here is suitable for large businesses that take a lot of payment types and need fast funding. Basically, PayPal Here doesn’t have next-day funding but if you sign up for the PayPal Business Debit MasterCard, you can get the payments as quickly as one business day.
The PayPal Here payment solution isn’t just designed for businesses as a lot of users all over the world make use of the service to purchase goods online, transfer money in different countries, and receive money from employers.
The regular PayPal Here credit card reader sells for $14.99 while you can also buy readers meant for contactless payments: There’s an EMV reader, an NFC reader, and a 3-in-1 reader which costs $25, $60, and $79 respectively. These come with Bluetooth support so you can send, as well as receive payments, via your phone.
It also comes with an app that you can easily download and install from the Google Play store.
PayPal Here – POS, Credit Card Reader
Get paid on your Android™ device with our free app and a card reader that’s right for your business. Accept credit and debit cards, send invoices, track cash and check payments. Going to the transaction fees, the PayPal Here costs 2.7% per swipe and doesn’t have a separate fee you have to pay monthly.
- 2.7% per US card swipe
- 3.5% + $0.15 to key in cards
- 2.9% + $0.30 to invoice
- 1.5% for cross-border transfers
There’s also no setup fees, cancellation fees, and fees you have to pay while processing.
Shopify Chip & Swipe Reader – $29
Pop-up shops have been gaining popularity in the world today as many business owners tried to dive into the niche. Shopify is a mobile payment solution which targets those retailers that are more concerned with in-person sales.
If you opt to subscribe to Shopify’s mPOS basic service, you’ll have to shell out $29 per month. In return, you and another user will be given access, a card reader, shipping label, and retail reports. Manual entry costs 2.7% while online rates are 2.9% + $0.30 for every transaction.
If you want to have lower transactions fees, you may want to subscribe to advanced plans. Choosing the $79-month plan lowers down the rate to 2.5%. If you’re planning to expand your range and set up a permanent store, what Shopify offers is suitable for you.
Interesting Facts: It is an undeniable fact that the world is slowly transitioning to a cashless medium of transaction. In China alone, mobile transaction payments is a $17 trillion industry and are dominated by China’s biggest tech giants, Tencent and Alibaba, with each handling more payments per month than PayPal.
Related Questions People Ask About
What is the cheapest way to accept credit cards?
Among all the mobile credit card readers we discussed in this article, Intuit’s QuickBooks GoPayment has the cheapest fee per swipe at 2.4% but it comes with an additional $0.25.
How much does it cost to use a Square Credit Card Reader?
The Square Credit Card Reader, which is the best-selling mobile payment solution, will basically cost you 2.75% per credit card transactions and 3.5%+$0.15 per manual entered transactions with no hidden fees.
Can RFID be read with NFC?
An NFC-enabled device is created to read NFC tags. Apparently, it can still read a type of RFID called as high-frequency RFID or HD-RFID. As of now, there’s no reader designated to read ultrahigh-frequency RFID or UHF-RFID.
Credit Card Reader for Mobile Phones
Mobile credit card readers are slowly becoming the thing for small to medium-sized businesses. Aside from ease of use, card readers boast low fees and quick funding. For business owners, fast pace payment is always preferred convenience, including the reader.
Which one of these card readers best works for you? Leave a comment below and share your thoughts with us.