Pros and Cons of Electronic Payments

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Pros and Cons of Electronic Payments

April 4, 2019
bMobile Route Software

Electronic payments are rapidly becoming a standardized and effective way of taking payments no matter where you are. With the integration of this new method into many business’ daily processes, there are both positive and negative changes that must be considered to determine if electronic payments are right for your business.

Here is what we see as the pros and cons to electronic payments as a whole:


  • Pay faster
  • Decrease vulnerability of theft
  • Decrease cost of counting money, counting again, and then depositing in bank
  • Convenience
  • Customers have the ability to rack up reward points
  • Pay online


  • Processing fees
  • Reconciliation of different card types
  • Application of payments to A/R
  • Keeping up with PCI compliance
  • Taking payment over the phone
  • On boarding a card for future use
  • Cost of hardware to take physical cards

bMobile’s response to customers doing high amounts of transactions with DSD delivery is to eliminate the cons.

Let’s take a look at each con one-by-one.

Processing fees – bMobile has developed a system that limits fees by offering the best rates for Credit Card Transactions as well as offering the ability to accept ACH payments, which come at a flat fee per transaction.  To make it even better, we are also offering the ability to assess a convenience fee using a flat rate or a % to recoup the cost reasonably.

Reconciliation -  By tracking the payment types for reporting purposes, we offer data in our reports to quickly look at payments by dates to help cut down the statement reconciliation process along with ACH and Credit Cards. This gives the processor memo information for quick reference of who made a payment and why.

Application of payments in A/R -  bMobile has given admins, drivers and customers the ability to select what they are paying for with full application in the A/R system.

Keeping up with PCI Compliance – bMobile teamed up with our preferred processors and now uses the latest hardware and software applications to keep you 100% PCI Compliant.

Taking payments over the phone – Now, payments can be taken in whatever way is the most useful for you and your customer, whether it be by phone, web or in the field with your delivery driver.

On boarding a card for future use – This can be done by someone over the phone (long way), by the customer using the web payment portal, or by the driver with a Bluetooth device chip reader.  All three can on board, replace a card on file or use a card for an on-time charge.

Cost of hardware to take a physical card – The only hardware you will need is for the driver - office personnel will use the bMobile Desktop and customers will use the web portal. If cards need on boarding, or need to be charged one time, or you would like to offer Apple Pay and Google Pay, your driver would need to have a Mini Genius at a cost of $60 per unit. If your drivers do not need to on board or take cards for one-time charges, they will not need a Mini Genius Device and can charge a card on file.  They will need an Android device with a data connection to do this instead.

bMobile can help start your experience with electronic payments. If you are interested in integrating electronic payments into your business, don't hesitate to Contact Us!

Call: 1+(888) 900-5667


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