Mobile Payment Processing
Mobile commerce has fast become one of the most popular payment options among consumers, which means business owners need to learn about it and account for it in order to stay competitive.
What is mobile payment processing?
There are two primary transaction types involved in mobile payment processing:
- Accepting payments with a mobile device.
- Accepting mobile payments from a smartphone.
Accept payments with a mobile device.
More and more businesses are discovering the financial benefits of accepting payments through smartphones and tablets. The flexibility of processing remote payments through a portable device allows you to extend your sales beyond your physical outlets.
Through Genius EX
, you can process credit card transactions in real time over Wi-Fi, Edge or a mobile network. Genius EX is a free app for all business customers, and there are no expenses associated with the wireless terminal.
Accept mobile payments from consumers.
Consumers are the driving force behind m-commerce because they've quickly adopted programs like Apple Pay. Payment solutions providers, technology companies and financial institutions have reacted by introducing new payment options as well as offers and rewards programs, which has made the situation all the more confusing.
We clear all of that up with Genius
. This industry-first customer engagement platform provides businesses with a dynamic and scalable solution that’s ready for whatever the future brings.
Working with Cayan gives you many benefits, such as chargeback protection, next day funding, no caps on processing volume and the peace of mind that comes from partnering with a company that understands the ins and outs of the payments industry.