Hello all, I am looking to upgrade my current magstrip card reader with one that will accept EMV, tap, Apple Pay, etc. I only do at-business transactions - I don't need to accept mobile payments. I use QBO w/ Quickbooks Payments. Here's how I currently do it:
I have a very basic magstrip reader that is connected to the desktop. When a customer is paying via CC:
1. I open their invoice and select "Receive payment"
2. Then use the drop-down to select "Credit Card"
3. Then select "Enter credit card details"
4. Then select "Swipe card"
5. I swipe the card on my magstrip, QBO recognizes it, I process the transaction, then it automatically applies the payment towards the selected invoice.
This has been a super easy way to do it for me for the past ~10 years. But now I want to offer more options for my customers. I am interested in the QB Reader, but my concern is the need to use it through the QuickbooksGo mobile app. This means that whoever is processing the transaction must have the app. So if I'm not in the office and need one of my guys to bill out a customer, they'll need to have the app as well. And in the industry I'm in, I feel it's a bit unprofessional to have the client sign my cell phone.
Another thing to add: most payments I accept are deposits rather than a payment-in-full. The invoices are normally of larger amounts ($5k-$100k). For example, $25k to start the job and $25k final payment upon job completion - both payments applied towards the same $50k invoice.
My questions:
1.) Can I use the QB Card Reader in the same fashion I'm using my current magstrip? So that it just links to my QBO without the need for the app.
2.) If not, is there any other card reader out there that will be a direct replacement for my current magstrip (I got this one on Amazon many years ago) that will accept EMV, tap, etc. and integrate with QBO?
3.) Is there another solution I'm not thinking of?
Thanks!
