The Bank of America Mobile Point of Sale Solution is a comprehensive payment processing application that allows small businesses to easily and quickly accept payments from their customers. This solution includes a Mobile Card Reader D135, which connects to a smartphone or tablet via Bluetooth and works with the "BofA Point of Sale - Mobile" app. It also offers a Virtual Terminal for accepting payments over the phone, all at no extra cost.
One of the key benefits of this application is its straightforward and transparent pricing. With Simplified Pricing, businesses always know exactly how much they will pay for each transaction, without any hidden fees or long-term contracts. There are also no monthly account fees or minimum volume requirements, making it an affordable option for small businesses.
The Bank of America Mobile Point of Sale Solution also offers a variety of payment acceptance options, including swipe, dip, tap, and digital wallets. This ensures that businesses can accept all types of payments and card types that their customers expect.
In addition to its payment processing capabilities, this application also offers an enhanced checkout experience. Businesses can choose to send integrated receipts via text or email, and can even capture on-screen signatures and tips during the checkout process.
One of the main reasons to choose Bank of America for your payment processing needs is its commitment to security. The application uses cutting-edge encryption and PAN tokenization to protect both businesses and their customers, at no extra cost. It also offers improved cash flow, with the option to access funds as soon as the same business day at no additional cost.
Bank of America also offers a seamless relationship between its Business Advantage and Merchant Services accounts, allowing businesses to easily view and manage both accounts in one place. And with 24/7 U.S.-based technical support and experienced merchant consultants, businesses can have peace of mind knowing that help is always available when needed.
To get started with the Bank of America Mobile Point of Sale Solution, businesses will need a Small Business checking account and a Merchant Services account. If help is needed to open an account, businesses can call 855.225.9302 to speak with a Merchant Consultant.
It's important to note that the use of security solutions is not a guarantee against breaches or compliance with industry standards, and eligible equipment is required. Same day access to funding is subject to credit approval and is only available for certain types of transactions. A Bank of America Small Business checking account is required for both applying for a Merchant Services account and for settling funds. Overall, this application offers a convenient and secure way for small businesses to accept payments and manage their finances.









