Many freelance business people have struggled in the past with figuring out a way to accept payment for their goods and services. Commercial buildings with corporate owners have cash registers and credit card machines easily available to accept money in that environment. But especially if you take your business on the road, it can be difficult figuring out how to get paid. But, thanks to new technology and payment methods, freelancers and mobile vendors now have more options.
Now, people can use mobile merchant services, utilize the PayPal system, find other methods of the instant transaction through various cell phone apps, or figure out how to carry enough cash for sales and change if that’s a preferred method for some buyers.
Table of Contents
Payment Methods to consider for Instant Transaction
Use Merchant Services
One of the most efficient and professional ways for vendors to accept money on the go is to use merchant services. These services will often be in the form of a credit card scanner that is associated with a specific mobile app. In the last few years, many companies have had great results making safe, secure, and travel-worthy components for vendors of all different types.
Utilize the PayPal System
Once you have a business PayPal account set up, that makes mobile vending lots easier as well. Whatever you’re selling, you can get a real-time transaction from a buyer who also has a PayPal account. Since these accounts are free to set up, it prevents a lot of the frustration that used to happen when people were trying to make electronic transfers of money. The more people who get into the PayPal system, the better it works for everyone on both buyer and seller sides.
Find Methods of Instant Transaction
Beyond merchant services and PayPal, there are several other instant transactions that you can use to your advantage as well. There are a good handful of very secure instant money transfer apps that are available through different providers. Banks sponsor some of them. Others are third-party apps where you basically charge money into your account, and then can transfer it in a single click to a vendor later at your convenience.
Carry Enough Cash for Sales and Change
It isn’t a bad idea, though, as a mobile vendor to make sure that you have some cash on hand. Not everyone uses a mobile phone. Not everyone likes using credit cards. So it’s not a surprise that some people like to keep it simple. Carrying around a cash box may not feel like the most effective way to ensure that you get paid, but at least having it as a backup option works to your advantage.