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January 20, 2015

More options for mobile credit card readers

  • Here's a look at 8 devices that plug into smartphones and tablets and let business owners accept credit cards anywhere.
  • By JOSEPH PISANI
    AP Business Writer

    NEW YORK — Need to accept credit cards for your small business? You have more reader options than ever. Online retailers Amazon and Etsy are the latest companies to offer the devices, which plug in to smartphones and tablets and let business owners accept credit cards anywhere. They join established players such as Square and Intuit GoPayment.

    The card readers work the same: They take a percentage of each transaction when a card is swiped, usually about 3 percent. They charge more if the card needs to be manually typed in, instead of swiped. Most work on Apple's devices and those that use Google's Android operating system.


     
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