New developments for credit card reader services will give entrepreneurs both small and big business alike virtual cash registers that they can personalize with their own products, images, and prices. Square and Intuit, the two leading credit card reader services, are working on new apps that will help to make business more mobile and products easier to pay for.
Not only do Intuit and Square provide credit card readers for smart phones, but both have apps that allow one to turn their iPad or other brand of tablet into a virtual cash register. Intuit’s new tablet GoPayment tablet app aims to replace the cash register for small businesses. This app will work on both iPad and Android tablets, and in addition to taking credit card payments via a plug in, will allow business owners to put in their own products and prices – even giving them the option to use their own pictures.
Square has its own virtual cash register app that has already been available for over a year and offers the same advantages for entrepreneurs. Square’s app can also be accessed on the iPad. While Square may be leading the competition for small business owners, Intuit’s GoPayment developments will put them in direct competition as well.
Because they are so mobile, these virtual cash registers – along with credit card readers – will make it easier for entrepreneurs to take their business beyond the store. These services allow entrepreneurs to get creative, personalize their cash registers to make them employee friendly, and show customers that they are keeping up with current technology to make everyone’s shopping experience a pleasant one.
Whether one goes with Square or Intuit, the benefits of these virtual cash registers remain the same: less cost, less maintenance, and easier selling. Targeting small businesses is a smart move for these services. It gives them the chance to make their business look legitimate and professional – and the support from small businesses will add to the billions of dollars that is being swiped through credit card readers this year alone.