With a growing trend of payment transactions being processed through mobile phones, credit card processors have ventured into platforms to provide secure payment gateways. The structure of mobile credit card processors is very straightforward and they accept Visa and Mastercard. Mechanisms and smaller devices have been created to smoothen the transfer of funds without any hassle.
While there may be many players in the market, only a handful stand out.
Most-trusted mobile credit card processors
Following is a compilation of the best mobile credit card processors currently dominating the market. They accept the big guns of the credit card industry, which are Visa and Mastercard.
- Square
Features
Square is a big player in the credit card processing industry with many loyal clients. Due to its low cost of installation and simple pricing system, it is very popular among small businesses.
Disadvantage
Square is not recommended for big businesses as the flat-fee payment could become very expensive for companies that undergo thousands of transactions on a weekly basis.
- PayPal Here
Features
PayPal is one of the leading companies in the online payment solutions industry. Their product, Paypal Here, specifically targets a mobile audience and transacts money as well as accepts payments made via credit cards. PayPal Here accepts all credit cards, including Visa and MasterCard.
Disadvantage
The accessories for PayPal’s chip reader and other support equipment is expensive.
- PayAnywhere
Features
With an unambiguous app with a plain design, PayAnywhere provides intricate details with respect to the fee system, inventory management, sales analytics, reports, and other financial tools for financial management. There is no monthly payment and it accepts Visa, Mastercard, and Amex.
Disadvantage
While normal credit cards have less than a 1% fee, business credit cards must pay a fee of more than 1% on a non-business card. PayAnywhere also expects the user to pull in sales/swipes of minimum $5,000 a month to avoid a penalty fee of about $80.
- Intuit QuickBooks’ GoPayment Reader
Features
Intuit’s GoPayment Reader has a clean interface. The fee per transaction is a mere $0.50, and the app has various options to save records of transactions. It also accepts all credit cards and e-checks.
Disadvantage
The app is for robust businesses which deal in bulk transactions. Therefore, it may be an expensive option for small vendors.
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Few tax benefits you didn’t know existed
Read moreWhile we all are worried about filing the tax returns with the best possible audits, most of us are also taking a closer look at the tax benefits and deductions. Tax deductions are important for taxpayers as these amounts can be directly deducted from the gross income. Right from getting the best investments to saving the receipts of health insurance premiums, smallest of these expenses can save you a lot more during your tax filing. Let us take a look at some of the tax deductions or benefits that you did not know that existed.
Health insurance premiums
Medical expenses can cost you a fortune and therefore, there are provisions that help in saving tax with the health insurance premiums. The taxpayer needs to itemize the medical expenses and mention the same during the tax auditing. In order to benefit from the health insurance premiums, the deductible medical expenses should be more than 7.5% of the gross income. If in case the taxpayer is self-employed and has paid for his or her medical expenses themselves, then the complete premium paid can be considered for claiming the tax benefit. The amount so deducted is considered from the gross income and not as an exclusion under itemization.Sales taxes
Sales tax can also be deducted from the federal income tax. This provision can be a big money saver in the states that do not have arrangements for their own income tax. If you are claiming your tax benefit under the sales tax, then the item needs to be mentioned under claim deduction. One can refer to the official website of IRS to know more about the savings on big purchases and tax benefits under the sales tax.Charitable gifts
These gifts make for a great money saving option under the federal income tax. It is useful to save the receipts and itemize them once the tax audit takes place. For instance, if you are baking cakes and using the funds to pay for a charitable organization, the cost of ingredients can be used as tax deductions.Investments
Investments are one of the core benefits of tax refunds. Some of the tax deductions under investments include individual retirement agreements, capital losses, the sale of a home, etc.Other tax benefits are:
- Cost of the babysitter
- Lifetime learning credit
- Unusual business expenses
- Self-employed social security
So, if you are looking for more information on tax benefits and deductions, visit the official website of IRS for a detailed list.
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4 simple yoga poses to tighten your neck skin naturally
Read moreNot many consider their face and neck as target areas while exercising unless their loose neck skin starts interfering with their youthful appearance. If you are looking for ways that can help you tighten neck skin, here are some effective yoga poses that you can try.
Yoga pose 1
You can start with a pouting stretch, as it helps tighten neck skin. To do this, you need to stick out your lower lip until it forms a pout. Then lower your jaw while keeping your face still, and your lower lip stuck out. Try to hold the pose for a few seconds and repeat the same it about ten times.Yoga pose 2
While doing this yoga pose, you need to keep your head level with the floor and lips closed and relaxed. Then you need to drop your jaw and push your lower jaw forward. Try to maintain this pose for a count of 10 breaths and repeat it at least five times. With this yoga pose, you can tighten neck skin quickly.Yoga pose 3
This is indeed one of the best yoga poses when it comes to firming the neck skin. For this move, you simply need to tilt your head back. Take your head back to a position so that you can look up at the ceiling comfortably. Hold the pose while keeping your lips closed and do a chewing movement. While holding the pose, you will be able to feel your neck and throat muscles tightening. Keep your head tilted for about 20 breaths and then bring it forward for a few deep breaths. Perform this yoga pose every day for about ten times.Yoga pose 4
This yoga pose also requires you to tilt your head back and keep your lips closed. However, in this yoga pose, you need to bring your lips in a kissing position while keeping them closed and continuing to look up at the ceiling. Repeat this pose five times to tighten neck skin.