Mobile banking, credit card facilities

[Hairclips]

Hi All

I am setting up my business to sell a unique hairclip to Australia which will be sold direct to customers as it needs to be demonstrated how to use the clip. I will sell these at trade shows/markets/fetes, so if I am not relying on cash only purchases I need credit card facilities that are mobile (otherwise I would use paypal)

My question is has anyone use a mobile credit card facility /EFTPOS machine currently. If so which one.

I have looked at ones from the NAB and CBA, but not sure what I should look out for in regards to fees.

I am in start up and don't want to get into a merchant account that will charge a large amounts of fees that I'm not sure I can cover yet.

What have others done in regards to credit card purchases ?

Thanks
Hairclips

[FS Concierge]

Hi Hairclips
This topic also came up a couple of months ago, so checking out the responses here might help you: Mobile EFTPOS machine

Good luck!
Jayne

[Hairclips]

Thanks Jayne.

I had searched in money matters for information, not the technology section, so this thread is great for me.

Thanks heaps.

Cheers
Hairclips

[alexx_2010]

There's a couple of apps for the iphone / nokia's which let take cards.

[nicoleiv]

I am new here and wondered if I explained my business situation if you could provide advice on the best eftpos option:

Weight loss consultant and I see clients in my home office, due to the high fees I wonder whether it would be beneficial to both myself and my clients to accept credit cards/eftpos.

Would an eftpos machine or online merchant facility be better?

What are the approx. fees for both options?

Thank you very much for your help.

Regards,

Nicole

[linkman]

Hi Nicole,

My suggestion is that you get a mobile EFTPOS service. The only requires internet access - obviously - and has a few issues. As you do not get the client to sign you do run the risk of the banks/card companies rejecting the payment should a client challenge the charge.

The fees are relevent to turnover, but very approximately:

Setup around 100
Machine 40ish per month
Service fees - monthly around $30 and then a % of the value processed per month for credit cards and a float 35 to 75 cents per transaction for each eftpos transaction.

Hope that helps.

[nicoleiv]

Thank you so much for that information, gives me a good idea of what cost I will be looking at.

[Army of One]

I have some clients who are mobile retailers of seafood products and their mobile EFTPOS terminals are essential for their business.

I also like the iphone card swipey thing - but as a consumer I would be more happy with a mobile EFTPOS machine.

Shop around with different banks to get the best deal.