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Setting up a successful cell phone repair business means taking care of a lot of different things. One of these is your cell phone repair shop software, which is essentially the heart of your store. It deals with your checkout, your inventory, tickets, sales, invoices, and one of the most important areas, payments.
If you really want your business to fly, you’ll need to choose a cell phone repair shop software that gives you the best quality across the board, and for payments, that means having a solid payment gateway to rely on.
But why exactly is a payment gateway that important? Can’t I do without one? Will my business really change because of one simple feature? If any of these questions have popped into your head, then you’re in luck – we’ve got all the answers for you.
What is a payment gateway anyway?
To answer the “why” about payment gateways, we’ll first have to answer the “what”. A payment gateway refers to a service that allows businesses to accept payments through debit or credit cards from their customers. It’s what you would find on a retailer’s website or POS system that allows them to process payments.
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Payment gateways offer a fast and reliable way of collecting payments through debit and credit cards. It allows payments to be collected from leading service providers such as Visa, Mastercard, American Express, and others. Since people can’t always pay with cash, having a payment gateway setup for your cell phone repair shop software is a great alternative.
How does a payment gateway help my store?
Now that we’ve explained what a payment gateway is, let’s have a look at what benefits it brings to the table.
Using a payment gateway isn’t just so you can collect cash from your customers – it takes care of a lot of areas of your business all at once. To illustrate how beneficial it can be for you, let’s look at the improvements a payment gateway brings to your work.
Faster payments and checkouts
Collecting payments using a payment gateway gives the added benefit of speed. You’ll be able to process payments much faster when your customers are ready to go. This means no waiting in long queues or counting cash at checkout counters. Everything is handle swiftly and easily, thus saving you time and money, and allowing you to process more customers.
Secure payment options
Another major benefit that payment gateways bring to the table is secure transactions. Taking payments through digital means is often a lot safer than simply handing out cash. You’ll be able to immediately transfer funds into your bank account with a complete and accurate record of it.
Furthermore, many payment gateway services are PCI-compliant, meaning that their connections are encrypted and secure, meeting the highest industry standards. This means that you won’t have to worry about any unauthorized transactions happening or someone hacking into your system.
Ability to accept multiple payment methods
Sometimes, people may not have cash on hand to be able to make payments. They instead like to pay with other means. Having a payment gateway makes it easier for both your customer and yourself to do business in such a situation.
Payment gateways nowadays are able to accept a variety of different payment methods. Everything from EMV cards from Visa, Mastercard and AMEX, to more modern means of payment such as Apple Pay and Google Pay are supported. This makes it easier for people to pay for their items and for you to accept it using your cellular POS software.
Reduced human errors
Payment gateways are generally a part of the cell phone repair shop software that you’re using. Since they’re directly connected together, the payments that get sent in for processing through the gateway are handled automatically by the system. This, in turn, reduces the chance for human error, which is a major asset to your repair business.
Human error can often cause you to input the wrong information or bring about problems with records. This is especially detrimental when payment processing is involved because, let’s face it, people are very sensitive about the money that they make. Naturally, having an automated system that handles things in an error-free and efficient manner would be the ideal solution here. Payment gateways provide just that, among other things, making your entire payment processing system one that you can be sure is reliable and hassle-free.
Records of every transaction
This may seem like a trivial point, but having accurate records of every transaction that happens in your repair store is a godsend. We don’t really consider having records and reports of our work present every day thanks to technological advancements. However, having our activity record persistently is something that is necessary when running a business, and a payment gateway does that incredibly well.
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Payment gateways will keep accurate records of every transaction you’ve processed on record for years. This is so that you can view your reports online at any time and track your progress. It also comes in handy when dealing with legal cases, audits, or payment disputes. Having access to all of that information is important for a business in order to make sure it is profitable and safe.
There are many reasons why a payment gateway integrated into your cell phone repair shop software can be a real asset to your business. While we have listed a number of them down here, the best example would be to try it out for yourself and see the benefits that it provides.
Having a solid payment gateway right within your system is not only beneficial to your business in the short term, but also in the long run, as we’ve illustrated above. If you want a smooth business experience and peace of mind, opting for a software with built-in payment gateways is the way to go.