The key ingredients for starting a small business include being creative, innovative and passionate; however the ability to transact is what transforms great ideas into profitable businesses. Partnering with a payment solutions provider such as Paycorp, that understands your needs and has a proven track record for delivering a broad range of merchant services, will ensure the smooth running of your business. In this blog, we discuss how Kazang & EFTPOS can help you become a mobile merchant.
How to accept payment on the go
To have a successful business, a business needs to offer their customers a variety of ways in which to pay, keeping in mind that customers have their own preferences for transacting. Becoming a mobile merchant is one way to do this because you’ll be able to get innovative with how you bring products to your customers.
EFTPOS/ZipZap turns your PC, laptop, tablet or smartphone into a point-of-sale (mPOS) device that allows you to transact anywhere you have an internet connection.
Alongside your device of choice all you need is:
- A EFTPOS/ZipZap card reader
- The free ZipZap app that connects to the card reader via Bluetooth.
Transaction rates are the lowest in South Africa, payment processing is secure and all transaction history can be viewed online. If you operate out of fixed premises, you could also consider a range of desktop and portable card machines.
What about selling prepaid services?
Another way to diversify your payment offerings as a mobile merchant is to consider selling prepaid services such as airtime and electricity through a provider like Kazang. Kazang offers a quick, reliable and mobile device, and customers can even pay their DStv accounts and top up their HollywoodBets and Betway mobile wallets. You’ll earn commission on every transaction, while enjoying increased revenue from more customers visiting your store. Kazang is available as a physical vending machine or as an online app.
In-store ATM machines offer both you and your customers convenience
Credit and debit cards may be convenient for larger purchases, but cash transactions are still heavily relied upon for smaller purchases. This is when an in-store ATM machine comes in handy. An in-store ATM machine encourages customers to walk into your store and spend cash withdrawn in the store, therefore putting you ahead of your competitors. Not only do you save money on credit card transaction fees, you can cash the machine yourself and save on cash deposit fees at the bank.