Shopify’s Chip and Swipe Reader is one of the easiest ways to take credit card payments on the go. The device is simple to use and accepts all major credit cards. Plus, it comes with a free Shopify account so you can start taking payments right away. In this review, we’ll go over everything you need to know about the Shopify Chip and Swipe Reader, including how it works, what it costs, and more.
The Benefits of the Chip and Swipe Reader
If you’re not already using a Shopify chip and swipe reader, you’re missing out on a lot of benefits. Here are just a few of the benefits that you can enjoy by using this type of reader:
1. Increased security – When you use a chip and swipe reader, your transactions are much more secure than when using a traditional magnetic stripe reader. This is because the data on your credit card’s magnetic stripe is static, which means it can be easily duplicated by criminals. On the other hand, the data on your credit card’s chip is dynamic, which makes it much harder to copy.
2. Improved customer satisfaction – Customers are always looking for ways to pay that are quick and easy. If you offer them the option of paying with their credit card via a chip and swipe reader, they’ll be sure to appreciate it. This will help to increase customer satisfaction levels at your business.
3. Reduced fraud – One of the biggest benefits of using a chip and swipe reader is that it can help to reduce fraud. This is because it’s much harder for criminals to clone cards that have chips in them. As a result, you can feel confident knowing that your business is less likely to be targeted by fraudulent activity.
How the Chip and Swipe Reader Works
The Chip and Swipe Reader is a small, hand-held device that reads the chip on your credit or debit card and then processes the transaction through Shopify’s point-of-sale system. You can use it to accept payments anywhere that has an Internet connection.
To use the Chip and Swipe Reader, you’ll need to first insert your card into the reader. The reader will then prompt you to enter your PIN number. Once you’ve done that, the reader will process the payment and send it to Shopify for approval.
Once your payment has been processed, you’ll receive a confirmation email from Shopify. That’s it! Your payment will then be processed and deposited into your account.
The Different Types of Chip and Swipe Readers
In order to accept credit card payments, you will need a chip and swipe reader. There are many different types of these devices on the market, so it is important to choose the one that is right for your business. The three main types of readers are:
1. Magnetic stripe reader: This type of reader reads the information on the magnetic stripe on the back of a credit card. It is the most common type of reader and is used by most businesses.
2. EMV chip reader: This type of reader reads the information on the EMV chip that is embedded in most credit cards. This type of reader is becoming more common as more businesses adopt it.
3. NFC reader: This type of reader reads the information on an NFC-enabled credit card. NFC stands for Near Field Communication and is a newer technology that is not yet widely used.
Which Shopify Chip and Swipe Reader is the Best?
There are a few different Shopify chip and swipe readers on the market, but which one is the best? In this review, we’ll take a look at the top three options and see which one comes out on top.
The first option is the Shopify Chip and Swipe Reader with Stand. This reader comes with a built-in stand, making it easy to use on a countertop or other flat surface. It’s also one of the more affordable options, making it a great choice for small businesses.
The second option is the Shopify Chip and Swipe Reader without Stand. This reader does not come with a stand, so you’ll need to provide your own. It’s still a very affordable option, however, and it’s small size makes it easy to transport.
The third option is the Shopify Chip and Swipe Reader with NFC. This reader comes with built-in NFC technology, allowing you to accept payments from customers who use NFC-enabled devices. It’s slightly more expensive than the other two options, but it’s still a great value for businesses that need to accept mobile payments.
So, which of these three Shopify chip and swipe readers is the best? That really depends on your needs as a business owner. If you’re looking for an affordable option that’s easy to use, either the first or second reader would be a great choice.
Conclusion
Overall, the Shopify Chip and Swipe Reader is a great option for small businesses that need an easy and effective way to take credit card payments. The reader is relatively inexpensive, easy to use, and accept major credit cards. However, there are a few drawbacks – namely that it doesn’t work with Apple Pay or other mobile payment options and that it’s not the most stylish device on the market. If you can look past these minor concerns, the Shopify Chip and Swipe Reader is a great choice for your business.
