Payably, CardConnect Team Up For Better Mobile Payments

Small businesses are interested in mobile payments, to one degree or another. That much is clear when looking at the sheer numbers of mobile payment users out there. Why wouldn’t small businesses want to accommodate a market that’s already large and rapidly growing? It’s not always easy to get involved in mobile payments, though, so to help on that front, a recent team-up between CardConnect and Payably means new potential value for the small business interested in starting mobile payments.

Payably already had a mobile payments platform in place, but one that could use some shoring up by Payably’s own estimates. To get some extra value in the system, Payably turned to CardConnect, which offered a payment processing technology of its own. CardConnect had been working particularly hard on drawing partners of late, and bringing in Payably gave it some help as well.

Now, with the two working together, the end result is not only a simplified mobile payments process, but also one that’s sped up and easier for businesses to deal with. Payably can even offer better processing rates on credit cards as well as improved data security, which should draw more businesses into the fold.

Even better, the combined system will offer ready connection with back end systems like analytics and accounting tools. The payment system provides information to these systems and gives them the necessary fodder to run, allowing access to actionable insights about the business which can help improve it from there.

Small business owners want to advance technologically, especially when it means more and better services provided to the customer. That improves the chances the customer will stay in the fold and produce value for the business, as in, buying things. But small businesses only have so much time in the day to research the systems that are best for the business and put these systems in place, and that means small businesses need powerful, easy to use materials that can be added quickly and provide value immediately. The sync with backend systems is just icing on an already impressive cake.

Payably and CardConnect may have just such a system, and if that proves the case, then a lot of small business owners—from coffee shops to craft stores—will likely welcome the new arrival.