Are you an aspiring entrepreneur? Thinking of starting your own business?
That’s great! There are just a few things that you want to do beforehand. For starters, you want to create a business plan—that way, you’ll be able to think through the details.
Second of all, you’ll want to figure out the money. Keep in mind that it can take quite a while for startups to get off the ground!
Then, of course, there’s the issue of payments. What type of payment options will you offer your customers? Remember, not everyone carries cash.
Well, as it turns out, there are many payment apps for small businesses out there. Not only are they convenient, but they’re easy to use too!
Want to learn more about the topic? If so, be sure to read the rest of the post!
5 payment apps for small businesses that you might want to use
Here are a few payments apps that you might want to use for your small business. Couple that with an unlimited conference call service and you’re ready to go!
Square is a great option for small businesses. All you have to do is plug in a tiny device into your smartphone or tablet—it’s that easy!
With that, you’ll be able to collect payments, including ones from credit cards. What’s more, is that the fee is fairly reasonable at just 2.75% per swipe. There are also no monthly fees to worry about.
PayPal is probably one of the most popular payment methods out there. What sets it apart from other apps is that it offers fraud detection.
The entire process is speedy too—the funds that you receive will appear in your account immediately. From there, you can transfer them into a bank account of your choice.
Venmo is a money-sharing app that’s owned by PayPal. Once you connect your bank, you’ll be able to send and receive money almost instantly!
As a business owner, you’ll easily be able to transfer funds into your bank account—a process that generally takes up to three days. You can also opt for instant transfers for a small fee.
4. Google Pay
Google Pay is convenient in that you can store your credit or debit card on your phone as a form of payment.
Not only will customers be able to pay via the app, but there’s also the option of using contactless payment terminals. Highly secure, the service won’t take long to set up either.
5. Apple Pay
Apple Pay is similar to Google Pay in that customers are able to make payments with their phones.
There’s just one thing—you’ll need to set up contactless point-of-sale terminals. With that, customers will be able to tap and pay without ever having to take out their wallets!
You’ll save a bit of money too as there are no additional fees for the service.
Launching your small business
And there we have it—five payment apps for small businesses. As you can see, they all differ in various ways.
For instance, some require contactless terminals whereas others do not. No matter what you choose, though, you’ll be able to offer your customers a variety of options!
Which app do you use? Let us know in the comments below!