In the past, many small business employees and owners may have found it difficult to process credit card payments from remote locations, where they didn’t have access to their accounts or equipment. However, that could all change thanks to a new mobile phone program.
Sage Payment Boss, a new program from business software company Sage North America, allows small businesses allow customers to take on credit card debt from anywhere they can connect to a 3G network with their cell phones. As long as the small business can connect to their merchant accounts, they can process and verify any payment by credit card, and even send out an electronic receipt when the transaction is completed.
The program can also be used in conjunction with Sage’s Billing Boss, which also tracks and manages incoming cash flow in real time and monitors sales activity.
Several major cell phone carriers, such as Verizon and AT&T, are also about to implement a system that would allow consumers to use their cell phones to make credit card payments by simply waving them in front of a wireless sensor.