Let's face it. Mobile has changed the world of payments forever. With major companies from Apple and Google to Visa and Intel backing the movement, the payments industry has taken off in the past few years. In a world where speed and convenience factor into the majority of our decisions as consumers, there is no doubt that the popularity of mobile payment systems will continue to skyrocket.
One sector that seems tailor-made for mobile payment systems, like PayAnywhere, is multi-level marketing (MLM), where the sales force is compensated not only for sales they personally generate, but also for the sales of those they recruit. For MLM merchants and Multi-level Marketing International Association (MLMIA) members, customers carrying cash and sorting through wads of bills to find the correct change can be a nightmare. Not only that, but industry research shows that the average traditional credit or debit transaction can take close to a minute to process, whereas mobile payments, such as those from PayAnywhere, allow customers to be on their way within seconds.
Without a mobile credit card processing solution, independent consultants from MLM marketing companies such as Scentsy or Origami Owl must record their sales transactions manually or miss out on the sale completely. Both are undesirable options. This is where PayAnywhere, the most comprehensive mobile credit card processing solution with the lowest transaction fees in the industry (just 2.69 percent per swipe) can help take a MLM business to the next level. Equipped with PayAnywhere, members of the multi-level and direct sales profession, including corporate, support (vendors/suppliers) and independent distributors, will have the ability to simply swipe a customer's credit card at a moment's notice, increasing convenience for both the customers and merchants as well as ultimately increasing sales.
PayAnywhere services extend far beyond seamlessly completing credit and debit card transactions. With the free PayAnywhere card reader and the easy-to-use PayAnywhere mobile app (available for iPhone, iPad, Android and BlackBerry devices), merchants can easily track customer purchases to anticipate trends, organize inventories for smoother checkout processes and customize receipts to include important contact information.
Industry research giants like Gartner and Forrester have each predicted that the U.S. payments market alone will hit $90 billion by 2017, a 48% growth rate from the $12.8 billion spent in 2012. If these reports tell us anything, it's that mobile payments are here to stay and small businesses and merchants should get on board this happening train.
As competition increases and the pressure to save money is on, MLMIA members and other MLM merchants must stay ahead of their competition in any way possible. PayAnywhere fulfills that need by providing high-quality, dependable credit and debit card payment solutions that leave both the customer and the merchants satisfied with every swipe.